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European leaders discuss "positive progress" on making use of frozen Russian assets

Published by Global Banking & Finance Review

Posted on December 8, 2025

1 min read

· Last updated: January 20, 2026

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European leaders discuss "positive progress" on making use of frozen Russian assets
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LONDON, Dec 8 (Reuters) - British Prime Minister Keir Starmer and the leaders of France and Germany discussed the "positive progress" made to use frozen Russian sovereign assets to support Ukraine,

European Leaders Discuss Using Frozen Russian Assets for Ukraine

LONDON, Dec 8 (Reuters) - British Prime Minister Keir Starmer and the leaders of France and Germany discussed the "positive progress" made to use frozen Russian sovereign assets to support Ukraine, Downing Street said on Monday.

"The leaders all agreed that now is a critical moment and that we must continue to ramp up support to Ukraine and economic pressure on Putin to bring an end to this barbaric war," said a spokesperson for Starmer.

"While diplomatic efforts continue, Europe must stand with Ukraine ... They also discussed positive progress made to use immobilised Russian sovereign assets to support Ukraine’s reconstruction".

(Reporting by Muvija M)

Key Takeaways

  • European leaders discuss using frozen Russian assets for Ukraine.
  • British, French, and German leaders emphasize support for Ukraine.
  • Economic pressure on Russia is deemed critical.
  • Progress made in using immobilized assets for Ukraine's reconstruction.
  • Diplomatic efforts continue alongside economic measures.

Frequently Asked Questions

What are frozen assets?
Frozen assets are financial assets that have been restricted from use or access, often due to legal or regulatory actions. This can occur in response to sanctions or investigations.
What is economic pressure?
Economic pressure refers to the financial strain placed on a country or entity, often through sanctions or other measures intended to influence behavior or policies.
What is reconstruction funding?
Reconstruction funding is financial support provided to rebuild and restore infrastructure and services in areas affected by conflict, disaster, or economic downturn.

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