{
  "id": 17613558,
  "title": "Chentsov: Confiscating Frozen Russian Assets Will Be Possible Once The EU Finds Legal Grounds For It",
  "url": "https://urgent.news/2026/11/01/chentsov-confiscating-frozen-russian-assets-will-be-possible-once-the",
  "topic": "world",
  "section": "World",
  "published": "2026-11-01T14:03:00.000Z",
  "source": {
    "name": "UATV English",
    "slug": "uatv-english",
    "url": "https://uatv.ua/en/chentsov-confiscating-frozen-russian-assets-will-be-possible-once-the-eu-finds-legal-grounds-for-it/"
  },
  "original_language": "en",
  "account": "Deputy Prime Minister Vsevolod Chentsov discussed the possibility of confiscating frozen Russian assets during a Support Ukraine — Protect Europe event in Brussels. He stated that it could make sense to consider confiscation once EU countries find legal grounds for doing so without undermining previous mechanisms supporting Ukraine's funds. Chentsov also mentioned that the ERA loan, based on revenue from frozen Russian assets, has already been supporting Ukraine. He suggested using these funds as collateral for higher-risk investments to generate more money for Ukraine. Chentsov emphasized that there has been hesitation from some countries but that member states have always managed to find solutions. He expressed confidence that solutions will be found for the current challenges, including the €70 billion deficit for next year, covering both civilian and defense needs. Chentsov highlighted the difference between the first wartime winter in 2022 and the current fourth winter, noting that Russia's capabilities have become clearer. He also mentioned Russia's increased dependence on China due to various challenges. Chentsov stressed the importance of holding the line in defense and strengthening air defense, as well as finding a countermeasure against jet-powered drones. He emphasized the need to support Ukraine and European partners in the face of Russia's shifting goals and vulnerabilities.",
  "summary": "Deputy Prime Minister for European and Euro-Atlantic Integration Vsevolod Chentsov believes it makes sense to consider confiscating frozen Russian assets once EU countries can find legal grounds for this step without undermining the previous mechanisms through which Kyiv has been receiving funds. He stated this in Brussels at the \"Support Ukraine — Protect Europe\" event, organized by the Kyiv…",
  "key_points": [
    "Deputy Prime Minister Vsevolod Chentsov discussed confiscating frozen Russian assets.",
    "EU needs legal grounds to confiscate assets without undermining previous mechanisms.",
    "ERA loan supports Ukraine and can be used as collateral for higher-risk investments."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}