Summary
The UK plans to use the full value of frozen Russian assets to support Ukraine in its war against Russia. This decision comes in collaboration with other European countries and the US to increase pressure on Russia. The announcement follows a recent European meeting discussing financial aid for Ukraine.
Key Facts
- The UK intends to use frozen Russian assets to help Ukraine in the war.
- Over £25 billion of Russian assets in the UK have been frozen since Russia's 2022 invasion of Ukraine.
- This move aims to pressure Russia into negotiations and is coordinated with France, Germany, and the US.
- European leaders recently discussed a €140 billion loan for Ukraine using frozen assets.
- US President Donald Trump supports using or seizing frozen Russian assets for Ukraine.
- EU estimates of frozen Russian assets are about €211 billion.
- President Zelensky is urging the UK to join a program for purchasing weapons for Ukraine.
- Recent Russian attacks caused power outages in Kyiv and other regions, resulting in civilian casualties.
