“ The chief spokeswoman of the European Commission, Paula Pinho, told reporters in Brussels on October 27 that in the European Commission’s proposals regarding the closure of the EU’s financial needs of Ukraine in 2026-27, various options for funding sources will be offered until the next meeting of the European Council on December 18, with the main emphasis on Russian frozen sovereign assets. Source: “European Truth” Details: It is noted that the European Commission continues to consider frozen EU assets as one of the main sources of Ukraine’s future financing. Pinho’s direct speech: “In the document with decision options (regarding the financial support of Ukraine. – ed.)… we will also consider other possible options. Although, without a doubt, the main focus should remain on the use of frozen assets.” Details: She said that an analytical paper with funding options “should be presented soon so that the European Council can take a decision based on them”. Answering the question whether this proposal will cover only Russian sovereign assets frozen in Belgium, or also assets in other EU member states, Paula Pinho noted that since the proposal from the European Commission is not ready at the moment, the specified question “remains open”. What happened before: Slovak Prime Minister Robert Fico opposed the EU’s plan to use frozen Russian assets to finance Ukraine. On October 23, the European Council approved conclusions regarding Ukraine, from which a direct mention of the use of funds from the frozen assets of the Russian Federation to support Ukraine disappeared. Belgium insisted on changing the text of the conclusions regarding the use of frozen assets of the Russian Federation. However, the EU assured that the issue of using Russia’s frozen assets for financial support of Ukraine remains on the agenda, and the final decision will be made in December 2025.”, — write: www.pravda.com.ua
Source: “European truth”
Details: It is noted that The European Commission continues to consider frozen EU assets as one of the main sources of Ukraine’s future financing.
Advertising:
Direct speech Piño: “In the document with decision options (regarding financial support of Ukraine. – ed.)… mand we will also consider other possible options. Although, without a doubt, the main focus should remain on the use of frozen assets.”
Details: She said that an analytical document with financing options “should be presented soon so that the European Council can make a decision based on them.”
Answering the question whether this proposal will cover only Russian sovereign assets frozen in Belgium, or also assets in other EU member states, Paula Pinho noted that since the proposal from the European Commission is not ready at the moment, the specified question “remains open”.
What happened before:
- The Prime Minister of Slovakia, Robert Fico, opposed the EU’s plan to use frozen Russian assets to finance Ukraine.
- On October 23, the European Council approved conclusions regarding Ukraine, from which a direct mention of the use of funds from the frozen assets of the Russian Federation to support Ukraine disappeared.
- Belgium insisted on changing the text of the conclusions regarding the use of frozen assets of the Russian Federation.
- However, the EU assured that the issue of using Russia’s frozen assets for financial support of Ukraine remains on the agenda, and the final decision will be made in December 2025.