A technical meeting between the European Commission and Belgium on Friday 7 November did not make a breakthrough on how to use frozen Russian assets to support Ukraine.

Source: Euronews, citing its sources; European Pravda

Details: Sources in the Belgian government told Euronews that their concern is growing over the lack of alternative proposals from the European Commission on deploying the frozen assets for Ukraine's financing. One source said that it is essential that "every possible approach is examined with rigour and transparency, to ensure the best solution", adding they had not yet seen such options.

The same source said that Belgium is "not yet frustrated" by the absence of other proposals from the Commission, "but the clock is ticking and we remain constructive".

Another Euronews source said that the EU still hopes to reach an agreement with Belgium, while acknowledging that time is short.

The Commission put forward a plan that allows EU governments to channel up to €185 billion – the bulk of Russia's sovereign assets currently frozen in Europe – to Ukraine without confiscating them. Approval however has stalled over Belgian concerns, as most of these assets are held on its territory.

EU officials said that the question of using Russia's frozen assets to finance support for Ukraine remains on the agenda, with a final decision due in December 2025.

Background: The EU stated earlier that the issue of using frozen Russian assets to support Ukraine remains on the agenda, and a final decision will be made in December 2025.

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