European Union: four countries renew proposal to use Russian assets for UkrainePhoto by Marta Branco on Pexels
Politics

European Union: four countries renew proposal to use Russian assets for Ukraine

Euronews Portugal28 August 2026 at 09:26

Four European Union countries have renewed a proposal to use frozen Russian assets in support of Ukraine. The measure comes at a time when the country is facing strong budgetary pressure to keep its finances stable.

EU member states are under pressure to find a solution before the next electoral season. This time pressure adds complexity to negotiations between the member countries of the European bloc.

The use of frozen Russian assets has been discussed as a way to provide financial support to Ukraine without directly overburdening the budgets of EU countries.

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