European Union foreign policy chief Kaja Kallas said on Saturday that Russia’s frozen assets will not be returned unless Moscow pays reparations for its invasion of Ukraine.
Speaking ahead of an EU foreign ministers' meeting in Copenhagen, Kallas emphasized, "We can't possibly imagine that ... if there is a ceasefire or peace deal, these assets are given back to Russia if they haven't paid for the reparations."
The EU currently has approximately 210 billion euros ($245.85 billion) of Russian assets frozen under sanctions imposed due to Russia's actions in Ukraine.
While some EU countries, including Poland and the Baltic states, have called for the confiscation of these assets to support Ukraine, major EU powers France and Germany, along with Belgium (which holds most of the assets), have opposed such measures.
France and Germany have pointed out that the EU plans to use future profits from the frozen assets to fund support for Ukraine, but have raised legal concerns about outright confiscation.
Diplomats suggest the discussion is now shifting toward how these funds might be utilized once the war in Ukraine concludes.
At least 31 people have been killed after a construction crane fell on top of a train in northeast Thailand. The accident took place in the Sikhio dis...
China is stepping up efforts to promote technology-enabled elderly care, aiming to improve the health, safety and overall wellbeing of its rapidly gro...
Both U.S. and Armenia have approved a joint statement on the Trump Route for International Peace and Prosperity implementation framework, known as TRI...
Armenia’s Prime Minister Nikol Pashinyan has said a statement issued in Washington marks a significant step towards turning peace between Armenia an...
The Trump administration has released a previously classified legal opinion on Tuesday, setting out its justification for the capture of Venezuelan Pr...
Both U.S. and Armenia have approved a joint statement on the Trump Route for International Peace and Prosperity implementation framework, known as TRIPP, following talks in Washington between Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Marco Rubio on Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of January, covering the latest developments you need to know.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
Business and political leaders are gathering in Davos for the World Economic Forum’s(WEF) annual meeting as uncertainty over the global economic and political order deepens, with U.S. President Donald Trump’s policies challenging long-standing international norms.
Real Madrid have parted ways with coach Xabi Alonso, appointing former defender Álvaro Arbeloa as his replacement.
The U.S. has issued an urgent security notice calling all American citizens to leave Iran immediately, citing escalating protests, growing violence and widespread communication shutdowns across the country.
The United Nations’ top court at The Hague has begun hearings on whether Myanmar committed genocide against the Rohingya ethnic minority. Gambia told judges on Monday that Myanmar targeted minority Muslim Rohingya for destruction and made their lives a nightmare in a landmark case.
Apple will use Google’s Gemini artificial intelligence (AI) models for its revamped Siri voice assistant later this year, in a multi-year deal that strengthens the tech giants’ partnership and boosts Alphabet’s position in the race against OpenAI.
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
China is stepping up efforts to promote technology-enabled elderly care, aiming to improve the health, safety and overall wellbeing of its rapidly growing senior population.
The Trump administration has released a previously classified legal opinion on Tuesday, setting out its justification for the capture of Venezuelan President Nicolás Maduro and U.S. military operations carried out inside Venezuela.
Israel and Arab States have urged the U.S. to delay any potential military action against Iran, warning that such a move could undermine ongoing protests inside the country, according to NBC News.
At least 31 people have been killed after a construction crane fell on top of a train in northeast Thailand. The accident took place in the Sikhio district of Nakhon Ratchasima province, 230 kilometres (143 miles) northeast of Bangkok, on a train bound for Ubon Ratchathani province.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of January, covering the latest developments you need to know.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment