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.
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In late December 2025, protests erupted across Iran after the rial collapsed and inflation soared. Unrest spread from Tehran’s Grand Bazaar as citizens expressed frustration over rising prices, economic hardship, and long‑standing grievances with government policies.
Turkish Foreign Minister Hakan Fidan has criticised the European Union (EU) for its inability to achieve deeper unity, describing the bloc’s shortcomings as a historic misfortune for Türkiye.
Israeli air strikes in Gaza and Lebanon have raised fresh concerns about the durability of ceasefire agreements, after deadly attacks were reported in both territories.
Russia launched multiple missile strikes on Kharkiv, Ukraine’s second‑largest city, on Monday, 5 January, targeting energy infrastructure and causing “very serious damage,” local authorities said. The attacks occurred as world leaders prepare for a Ukraine peace summit in Paris this week.
Israeli media report that Israeli Prime Minister Benjamin Netanyahu chaired a lengthy security meeting that reportedly focused on the country’s regional threats, including Gaza, Lebanon, and Iran.
Denmark’s Prime Minister Mette Frederiksen has urged U.S. President Donald Trump to abandon comments suggesting the United States should take over Greenland, calling the idea baseless and unacceptable.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Flights across Greece were halted for hours on Sunday after a collapse of radio frequencies crippled air traffic communication, stranding thousands of travellers during one of the busiest holiday weekends.
At the end of last year, U.S. President Donald Trump was reported to have raised the Azerbaijan–Armenia peace agenda during a conversation with Israel’s prime minister, warning that if peace were not achieved, Washington could raise tariffs on both countries by 100 percent.
Turkish Foreign Minister Hakan Fidan has criticised the European Union (EU) for its inability to achieve deeper unity, describing the bloc’s shortcomings as a historic misfortune for Türkiye.
President Donald Trump has denied reports that Venezuelan opposition leader Maria Corina Machado was sidelined because of her Nobel Peace Prize win, insisting the award played no role in his decision-making.
Russia launched multiple missile strikes on Kharkiv, Ukraine’s second‑largest city, on Monday, 5 January, targeting energy infrastructure and causing “very serious damage,” local authorities said. The attacks occurred as world leaders prepare for a Ukraine peace summit in Paris this week.
Appearing in a Manhattan courtroom after a U.S. military operation, Nicolás Maduro has denied narcotics and terrorism charges, as his vice president was sworn in as Venezuela’s interim leader in Caracas.
Gunfire and explosions were reported near the Miraflores presidential palace in Caracas on Monday evening (5 January).
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