Reeves Urges EU To Seize Frozen Russian Assets For Ukraine
Published 3h ago · Diplomacy
Affects United Kingdom and Ukraine
Rachel Reeves urged the European Union to seize frozen Russian assets to back Ukraine.
Rachel Reeves has called on European Union leaders to immediately confiscate frozen Russian assets worth £175 billion to support Ukraine. This intervention marks her first major public address since departing from government service. The appeal comes amid growing diplomatic pressure from the United States regarding potential peace negotiations.
- The amount£175 billion of Russian assets are currently held in Western jurisdictions.
- The timingThe appeal coincides with external pressure on Kyiv to negotiate a settlement.
Why it matters
The debate over confiscating sovereign Russian assets frozen abroad has intensified as Western allies seek long-term funding solutions for Ukraine's defense and reconstruction while navigating complex legal and financial risks.
By the numbers1
In this story
Covered by 2 outlets
50% of the sources are Left
Lean ratings via AllSides, Media Bias/Fact Check
- The IndependentReeves urges EU to ‘act now’ and seize £175bn of Russian assets to protect Ukraine2h ago · open ↗
- Evening StandardReeves tells EU ‘the time to act is now’ in seizing Russian assets for Ukraine3h ago · open ↗
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