European leaders weigh using frozen Russian assets to fund Ukraine as political resistance grows
European leaders are struggling to cover Ukraine’s growing funding gap as costs rise and political resistance hardens, with discussions intensifying over the use of frozen Russian assets to sustain support.
Lithuanian Deputy Foreign Minister Kristupas Vaiteikūnas said on Thursday that member states continue to seek ways to use the frozen assets, adding that Lithuania supports the idea. “We need to find a way to assure Belgium that this is safe for them, because when you hold someone’s assets, you are responsible for them—even when it comes to Russian property,” Vaiteikūnas said. He noted that negotiators are proposing mechanisms such as transferring the assets to the European Commission, and that the issue will remain on the negotiating table in Brussels as Europe looks to support Ukraine in 2027 and beyond. “The aggressor must pay,” he said .
The debate has gained urgency as Ukraine’s financial crisis deepens ahead of a difficult winter, with the discussion focusing on the legality and financial stability of using Russia’s frozen central bank assets. The Council of Europe’s legal affairs committee has called for a mechanism to allow the use of these assets to pay compensation to Ukraine under European Court of Human Rights rulings .
Meanwhile, opposition parties critical of funding the war are gaining influence, complicating efforts to secure long-term financing. The Wall Street Journal reported that European leaders are reluctant to close Ukraine’s funding gap as political resistance grows .
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