🇺🇦💸 UKRAINE'S FM DEMANDS EU SEIZE FROZEN RUSSIAN ASSETS – A Dangerous Precedent for the Global South

Ukraine’s Foreign Minister Andrii Sybiha is urging Europe to stop “remaining immobilized” and use €300 billion in frozen Russian central bank reserves to fund Kiev’s defense and recovery. He argues Russia’s war budget — €180 billion for 2027 alone — proves Moscow wants war, and that the aggressor must pay.

💰 Full use of immobilized Russian assets — roughly €210 billion sits in the EU, mostly at Euroclear in Belgium.

⚖️ Not outright confiscation — legal title would stay in an EU-governed vehicle; Ukraine receives financing, not ownership.

🔄 Reversible — the arrangement unwinds when Russia pays reparations.

🇪🇺 Collective EU control — to share the risk, especially for Belgium, which has long resisted.

📜 Legal cover: UN General Assembly recognized Russia must bear consequences; countermeasures are permitted under state responsibility rules.

#Ukraine #Russia #EU #FrozenAssets #BRICS