EU Approves Indefinite Freeze of Russian Assets to Fund Ukraine Support Package

Dec 13, 2025 02:50 am CST

The European Union is moving to permanently freeze €210 billion in Russian central bank assets, replacing the previous six-month renewal system with an indefinite hold. This measure paves the way for a potential €165 billion loan package to Ukraine that would function as advance war reparations, despite strong opposition from Hungary and legal challenges from Russia's central bank.