Following Belgium and Hungary, Slovakia has also expressed disagreement with using frozen Russian assets to finance Ukraine.
Slovak Prime Minister Robert Fico stated on Saturday that Slovakia will not participate in any legal or financial plan to seize frozen assets if these funds are used for military expenditures in Ukraine.
“Do we want to end the war or fuel it? We would be giving €140 billion to Ukraine to continue the war. So, what does that mean? The war will continue for at least another two years,” Fico explained.
This stance comes as the European Union considers using frozen assets of the Russian central bank to assist Ukraine, which will need new funding by early 2026.
However, discussions remain on hold, as Belgium seeks guarantees that it will not be held liable for risks associated with the proposed €140 billion loans, most of which are held in Brussels.
