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Trump Backs EU Plan to Unlock $217 Billion in Frozen Russian Assets for Ukraine Aid

Trump Backs EU Plan to Unlock $217 Billion in Frozen Russian Assets for Ukraine Aid

Author:

Global Cryptocurrency

Published:

2025-11-09 08:13:02

10

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BTCCSquare news:

The WHITE House has endorsed a European Union proposal to mobilize $217 billion in frozen Russian assets to support Ukraine's defense and reconstruction efforts. These funds, blocked since Russia's 2022 invasion, represent an unprecedented financial maneuver against Moscow without formal seizure.

Legal and political hurdles persist despite U.S. approval, delaying implementation. The EU Commission seeks to grant member states access to €185 billion of the total €210 billion held continent-wide, maintaining custodial control while directing proceeds toward Ukraine's strategic needs.

By:

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