Redirecting frozen Russian assets to Ukraine
26.3.2025
Question for written answer E-001278/2025
to the Commission
Rule 144
Merja Kyllönen (The Left), Ville Niinistö (Verts/ALE), Rihards Kols (ECR), Mika Aaltola (PPE), Pekka Toveri (PPE), Tobiasz Bocheński (ECR), Maria Ohisalo (Verts/ALE), Reinier Van Lanschot (Verts/ALE), Elsi Katainen (Renew), Hanna Gedin (The Left), Jonas Sjöstedt (The Left), Aura Salla (PPE), Nathalie Loiseau (Renew), Virginijus Sinkevičius (Verts/ALE), Lucia Yar (Renew), Anna-Maja Henriksson (Renew), Thomas Pellerin-Carlin (S&D), Urmas Paet (Renew), Marta Wcisło (PPE), Krzysztof Śmiszek (S&D), Anja Hazekamp (The Left), Katri Kulmuni (Renew), Michał Kobosko (Renew), Inese Vaidere (PPE), Aodhán Ó Ríordáin (S&D), Reinis Pozņaks (ECR)
We are writing to express our deep concern regarding recent developments in Ukraine, particularly in the light of the United States’ decision to suspend its military, financial and intelligence aid to Ukraine.
The EU has estimated that approximately EUR 210 billion in frozen Russian assets are being held within the EU. These assets are primarily in the form of government bonds that Russia’s Central Bank had stored as reserves.
The United States’ recent actions have placed Ukraine in a weakened negotiating position, while President Trump and President Putin have been in discussions about Ukraine.
To strengthen Ukraine’s position, the EU must consider redirecting frozen Russian assets to Ukraine. These assets would significantly improve Ukraine’s overall situation.
Given this context, we ask the following:
- 1.What measures is the Commission planning to introduce to ensure that these frozen Russian assets can be utilised for Ukraine’s benefit?
- 2.If the Commission does not redirect frozen Russian assets to Ukraine, what alternative measures does it plan to implement to quickly strengthen Ukraine’s negotiating position that would be as effective as granting access to EUR 210 billion in frozen Russian assets?
Submitted: 26.3.2025