The European Union cannot confiscate Russia’s frozen assets due to the lack of a legal framework, stated French President ...

The European Union has now targeted Moscow’s fleet of covert oil tankers and plans more restrictions, as the Trump ...

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Finland will supply €90M ($101.3M) worth of ammunition to Ukraine by using proceeds from Russian assets frozen by the ...

The European Union developed a legal workaround to bypass Hungary’s potential veto on extending economic sanctions against ...

He stressed that Russia's frozen assets cannot under any circumstances be "given" to Putin. Tsahkna noted that he could not imagine that any leader in Europe could come back from the June foreign ...

The EU announced Friday a €1.9 billion ($2.1 billion) military aid package for Ukraine, marking a move to utilize revenue generated from frozen Russian assets to support Ukrainian defense in its ...

The assets were frozen following Russia’s full-scale invasion of Ukraine in February 2022. Ukraine still aims to get the principal €210 billion ($227 billion) in immobilized Russian central bank ...

The EU on Friday pledged to disburse one billion euros ($1.1 billion) from the proceeds of frozen Russian assets to Ukrainian arms companies as part of its support to Kyiv as it fights off Moscow's ...

These loans are to be repaid using the income generated from frozen Russian state assets in the EU. With this payment, the total amount of loans to Ukraine from the Commission under this programme in ...

The EU previously agreed to channel profits, not principal, of frozen Russian assets to support Ukraine, marking a historic precedent in wartime reparations through financial instruments.