{
  "id": 3713157,
  "title": "Four EU states revive push to use Russia’s frozen billions for Ukraine",
  "url": "https://urgent.news/2026/08/27/four-eu-states-revive-push-to-use-russias-frozen-billions-for-ukraine",
  "topic": "world",
  "section": "World",
  "published": "2026-08-27T09:50:39.000Z",
  "source": {
    "name": "Euromaidan Press",
    "slug": "euromaidan-press",
    "url": "https://euromaidanpress.com/2026/08/27/eu-states-revive-frozen-russian-assets-ukraine/"
  },
  "original_language": "en",
  "account": "Four European Union nations – Sweden, the Netherlands, Spain, and Poland – have rekindled their efforts to utilize Russia's frozen assets, totaling over €200 billion ($233 billion), to support Ukraine, according to The Financial Times. This coalition of countries had previously urged the European Commission to recommence work on this matter. However, Belgium's veto in December arose from legal and financial apprehensions.\n\nAs per the Council, the EU's €90 billion ($105 billion) loan suffices to cater to two-thirds of Ukraine's anticipated funding requirements for the fiscal years 2026 and 2027. Swedish Foreign Minister Maria Malmer Stenergard acknowledged the loan as \"a manifestation of the EU’s commitment to support Ukraine,\" yet emphasized that it remains \"clearly not enough.\"\n\nA draft document, dated August 27, solicits EU foreign ministers to convene an initial discussion in Ireland on September 1-2. Multiple EU diplomats disclosed to the outlet that this proposal is anticipated to be dispatched on the same day. EU regulations already allocate profits from these frozen assets to Ukraine, primarily to aid in repaying EU and G7 loans. The Commission proposed utilizing the cash reserves from these Russian holdings for a distinct reparations loan, reserving the assets as frozen.\n\nIn February, Kaja Kallas revealed that EU officials had not undertaken any further actions concerning this option since December. Concurrently, Ukrainians and their supporters orchestrated demonstrations across numerous countries from August 22 to 24, advocating for Europe to leverage these assets.",
  "summary": "Sweden, the Netherlands, Spain, and Poland want Brussels to resume work eight months after Belgium blocked the proposal.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Kyiv Independent",
        "title": "General Staff: Russia has lost 1,482,150 troops in Ukraine since Feb. 24, 2022",
        "url": "https://urgent.news/2026/08/27/general-staff-russia-has-lost-1-482-150-troops-in-ukraine-since-feb",
        "published": "2026-08-27T06:54:09.000Z"
      },
      {
        "outlet": "France 24",
        "title": "Game of Drones: Deep strikes into Russia keeping Ukraine 'in this game'",
        "url": "https://urgent.news/2026/08/27/game-of-drones-deep-strikes-into-russia-keeping-ukraine-in-this-game",
        "published": "2026-08-27T07:38:19.000Z"
      },
      {
        "outlet": "New Voice of Ukraine",
        "title": "Russia hits Ukraine with Onyx, Iskander missiles overnight",
        "url": "https://urgent.news/2026/08/27/russia-hits-ukraine-with-onyx-iskander-missiles-overnight",
        "published": "2026-08-27T08:55:00.000Z"
      }
    ]
  },
  "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."
}