The European Union plans to approve a mechanism for using frozen Russian assets to help Ukraine before the summit of EU leaders in October 2025, Bloomberg reported.
According to the agency, EU finance ministers will discuss the use of Russian assets on 19–20 September 2025 at a meeting in Copenhagen. The EU authorities may make a final decision on the use of Russian funds by the bloc’s leaders’ summit, which is scheduled for 23–24 October 2025.
Two key factors have influenced the resumption of discussions on this issue, Bloomberg noted. The first is calls by European Commission President Ursula von der Leyen to “urgently find a new way to finance” Ukraine using Russian assets. The second factor is increased pressure from the United States, which is calling on Europe to make more active use of frozen Russian funds.
Earlier, the European Commission developed a possible plan to transfer frozen Russian assets to Ukraine using debt instruments.
