On December 12, 2025, the European Union approved a decision to temporarily block (effectively indefinitely) any transfer of frozen assets of the Russian Central Bank to Russia.
This means that approximately €210 billion in Russian assets will remain frozen until Russia ends its aggressive war against Ukraine and compensates for the damages caused.
European Council President António Costa confirmed this via a post on X (formerly Twitter), stating:
“In October, EU leaders committed to keeping Russian assets immobilized until Russia ends its aggressive war and compensates for the damages caused. Today, we have fulfilled that promise.”
He added that the next step is to secure Ukraine’s financial needs for 2026–2027 through a reparations loan supported by these assets.
