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Politico: EU to task EC with developing plan to use Russian assets for Kiev

This is likely to happen at the quarterly meeting of the European Council in Brussels on Thursday

Oct 21, 2025 06:05 314

On Thursday, EU leaders intend to formally task the European Commission with developing a legal proposal for the use of frozen Russian assets for Kiev, after Belgium indicated that it would not oppose it, Politico reports, citing internal documents.

„EU leaders intend to task the European Commission with developing a legal proposal for the use of billions of euros of frozen Russian state assets to finance a huge loan for Ukraine, after Belgium indicated that it would not oppose it“, the publication writes, emphasizing that this is likely to happen at the quarterly meeting of the European Council in Brussels on Thursday.

According to a Belgian diplomat, his country will not object to the project.