EU Countries Urge Bloc to Resume Talks on Using Frozen Russian Assets for Ukraine

Poland, Spain, the Netherlands, and Sweden are urging the European Union to restart talks on utilizing frozen Russian assets to aid Ukraine, according to UATV English reports. Ahead of the informal EU foreign ministers' meeting on September 1–2 in Ireland, the foreign ministers of the four nations penned a joint letter to EU officials.

The ministers noted that while the EU pledged a €90 billion loan for Ukraine between 2026 and 2027, Kyiv would need more financial assistance as Russia persists in its war. According to the ministers, "We believe that now is the time to return to the question of how we can further use Russia's immobilized assets for the benefit of Ukraine."

They emphasized that Russia has demonstrated no intent to cease its aggression, and the war's financial burden continues to escalate. The four countries called for EU technical experts to investigate new methods of employing frozen Russian assets, ensuring that financial and economic risks are equitably distributed among member states.

They stressed that any mechanism must adhere to international law. The ministers perceived the forthcoming meeting in Ireland as a chance to progress the discussion. The letter was signed by the foreign ministers of Sweden, Poland, the Netherlands, and Spain.