{"id":2027,"date":"2025-04-10T20:32:34","date_gmt":"2025-04-10T15:02:34","guid":{"rendered":"https:\/\/ainews.prativad.com\/index.php\/some-states-opposed-to-using-frozen-russian-assets-eus-top-diplomat\/"},"modified":"2025-04-10T20:32:34","modified_gmt":"2025-04-10T15:02:34","slug":"some-states-opposed-to-using-frozen-russian-assets-eus-top-diplomat","status":"publish","type":"post","link":"https:\/\/ainews.prativad.com\/index.php\/some-states-opposed-to-using-frozen-russian-assets-eus-top-diplomat\/","title":{"rendered":"\u2018Some states\u2019 opposed to using frozen Russian assets \u2013 EU\u2019s top diplomat"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><strong>Several of the bloc\u2019s heavyweights, including Germany and France, earlier warned of legal consequences of an outright confiscation<\/strong><\/p>\n<p>Several EU member states are <em>\u201cstrongly opposed\u201d<\/em> to handing Russian assets frozen by the bloc over to increase military support for Ukraine, foreign policy chief, Kaja Kallas, has admitted.<\/p>\n<p>The objections to the proposed move, which Kallas supports, are based on legal concerns and financial risks.<\/p>\n<p>Western countries froze around $300 billion in Russian sovereign and state-linked assets following the escalation of the Ukraine conflict in 2022, with the bulk under EU jurisdiction. Brussels has since been exploring ways to use them to benefit Kiev, including by giving Ukraine the interest earned on the assets. Moscow has strongly condemned these efforts, calling them <em>\u201ctheft.\u201d<\/em><\/p>\n<p>In an interview with Estonian state broadcaster ERR on Thursday, Kallas said that the bloc\u2019s members are still in talks on the issue. <em>\u201cWe\u2019re getting ready, as there are certain risks involved and we need to find ways to mitigate those risks. Plus, some states are strongly opposed to it,\u201d<\/em> she said.<\/p>\n<blockquote><p>\n        <span><strong>Read more<\/strong><\/span><\/p>\n<figure>\n            <img decoding=\"async\" src=\"https:\/\/mf.b37mrtl.ru\/files\/2025.04\/thumbnail\/67f3a7ff20302729cb3eb3eb.jpg\" alt=\"FILE PHOTO: Ukraine\u2019s Vladimir Zelensky (center) posing in front of an F-16 fighter jet during a visit to Belgium in May 2024.\" \/><figcaption><a href=\"https:\/\/www.rt.com\/news\/615329-european-defence-mechanism-ukraine\/\">EU could fund expensive weapons for Ukraine \u2013 Reuters<\/a><\/figcaption><\/figure>\n<\/blockquote>\n<p>When asked which countries are opposed, Kallas declined. <em>\u201cI can\u2019t start naming names\u2026 it is not very difficult to figure out,\u201d<\/em> she said. The diplomat noted that countries holding large portions of the frozen assets face greater risks. <em>\u201cFor example, take Belgium\u2026 they hold most of the assets. As a result, they feel their risk exposure is the highest.\u201d<\/em><\/p>\n<p>The proposal to use Russian assets to help Ukraine has faced significant opposition within the EU, with heavyweights such as France, Germany, Belgium, Italy and Austria warning of potential legal repercussions of an outright confiscation. <\/p>\n<p>Meanwhile, Hungary and Slovakia have warned that such a move could escalate the conflict and undermine regional stability.<\/p>\n<p>Responding to Kallas\u2019 comments, Kremlin spokesman Dmitry Peskov stressed that <em>\u201cRussia will never renounce its rights to its own assets and will not stop defending them\u201d<\/em>. Russian Foreign Ministry spokeswoman Maria Zakharova remarked that Kallas\u2019s interview presents <em>\u201ca unique opportunity to analyze a crime not after its commission, but at the moment of its planning.\u201d<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Several EU members are against using frozen Russian assets to aid Ukraine, Kaja Kallas has admitted Read Full Article at RT.com<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u2018Some states\u2019 opposed to using frozen Russian assets \u2013 EU\u2019s top diplomat - 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