Europe plans to use frozen assets of the Russian Federation as a guarantee of peace for Ukraine
Europe’s largest countries plan to confiscate more than 200 billion euros of frozen Russian assets as they draw up plans for a cease-fire agreement in Ukraine. About this informs Financial Times.
France and Germany, which have long opposed full-scale confiscation of assets in the EU, are in talks with Britain and other countries about possible ways to use them.
The French side proposed that European capitals could seize assets in case Moscow violates the upcoming ceasefire agreement in Ukraine. This is seen as part of efforts to provide security guarantees to Kyiv after the end of the conflict. Proponents of this approach see it as a mechanism to ensure Russia’s compliance with any agreement and guarantees for Ukraine.
The negotiations are taking place against the background of the intensification of European diplomatic initiatives, led by France and Great Britain, regarding the development of a peace plan for Ukraine. This is due to the decision of US President Donald Trump to start bilateral negotiations with Moscow aimed at ending the war.
