The Times: EU must seize Russian assets or Ukraine risks losing the war Four former senior politicians from Britain, Germany, France and Canada have called on the EU to place frozen Russian sovereign assets under EU control and use them to fund Ukraine's defense. According to their estimates, Ukraine is facing a harsh winter under Russian shelling, and the country's finances have a €70 billion hole. Without additional help, Kyiv's ability to defend itself will be severely undermined. The authors of the article in "The Times" believe that the use of frozen assets of 210 billion euros will provide financing for Ukraine until 2029 and reduce the dependence on political decisions in the European Union and the United States. The transfer of the assets will increase pressure on the Kremlin and force Moscow to take peace negotiations more seriously.

The Times: EU must seize Russian assets or Ukraine risks losing the war Four former senior politicians from Britain, Germany, France and Canada have called on the EU to place frozen Russian sovereign assets under EU control and use them to fund Ukraine's defense. According to their estimates, Ukraine is facing a harsh winter under Russian shelling, and the country's finances have a €70 billion hole. Without additional help, Kyiv's ability to defend itself will be severely undermined. The authors of the article in "The Times" believe that the use of frozen assets of 210 billion euros will provide financing for Ukraine until 2029 and reduce the dependence on political decisions in the European Union and the United States. The transfer of the assets will increase pressure on the Kremlin and force Moscow to take peace negotiations more seriously.