Thursday, 1 October 2026
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UkrainePublished: 1 October 2026 at 04:23

EU Demands Reforms Before More Aid, Kyiv Pushes to Use Frozen Russian Assets

The European Union wants Ukraine to implement reforms before providing additional funding, while Kyiv is urging Europe to tap into €210 billion in immobilized Russian central-bank assets.

Negotiations between the European Union and Ukraine over continued wartime financial support are ongoing, with the two sides appearing to hold different priorities. Brussels is signaling that further funding will hinge on Ukraine carrying out specific reforms, rather than simply continuing existing aid flows unconditionally.

At the same time, Kyiv is pressing its European partners to turn to an alternative funding source: roughly €210 billion belonging to Russia's central bank that has been frozen in Western jurisdictions since the start of the war. Ukrainian officials view these immobilized assets as a potentially major source of support that would not add further strain to European taxpayers.

Diverging positions

The standoff reflects a broader debate within the EU over how best to sustain long-term support for Ukraine while also ensuring accountability for funds already disbursed. The EU side appears to want concrete reform progress before committing new financial contributions, while Ukraine is seeking ways to access money that is already frozen rather than relying solely on fresh contributions from member states' budgets.

The question of using frozen Russian assets has been under discussion for some time, with various EU member states expressing differing views on the legal and financial implications of such a step. It remains unclear how, or whether, these two positions — the EU's call for reforms and Ukraine's push to use frozen assets — will be reconciled in upcoming talks.

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