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.
President of Azerbaijan Ilham Aliyev has arrived in China at the invitation of Chinese President Xi Jinping for a working visit on 30 August....
North Korean leader Kim Jong Un promised a “beautiful life” for the families of soldiers who died fighting for Russia in Ukraine, state media repo...
German Chancellor Friedrich Merz on Saturday told a state party conference that Russia will only stop its war in Ukraine when it is unable to continue...
Former Ukrainian parliamentary speaker Andriy Parubiy was shot dead in the western city of Lviv on Saturday, and a manhunt is underway for the killer,...
The head of the Red Cross said on Saturday that ensuring civilian safety during a mass evacuation of Gaza City would be difficult, as Israel stepped u...
President of Azerbaijan Ilham Aliyev has arrived in China at the invitation of Chinese President Xi Jinping for a working visit on 30 August.
North Korean leader Kim Jong Un promised a “beautiful life” for the families of soldiers who died fighting for Russia in Ukraine, state media reported on Saturday. He praised the bereaved for the heroism of their sons and husbands.
German Chancellor Friedrich Merz on Saturday told a state party conference that Russia will only stop its war in Ukraine when it is unable to continue economically, and possibly militarily.
Former Ukrainian parliamentary speaker Andriy Parubiy was shot dead in the western city of Lviv on Saturday, and a manhunt is underway for the killer, according to the Prosecutor General's office. The gunman reportedly fired several shots at Parubiy, killing him on the spot before fleeing the scene.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
North Korean leader Kim Jong Un promised a “beautiful life” for the families of soldiers who died fighting for Russia in Ukraine, state media reported on Saturday. He praised the bereaved for the heroism of their sons and husbands.
German Chancellor Friedrich Merz on Saturday told a state party conference that Russia will only stop its war in Ukraine when it is unable to continue economically, and possibly militarily.
Former Ukrainian parliamentary speaker Andriy Parubiy was shot dead in the western city of Lviv on Saturday, and a manhunt is underway for the killer, according to the Prosecutor General's office. The gunman reportedly fired several shots at Parubiy, killing him on the spot before fleeing the scene.
The head of the Red Cross said on Saturday that ensuring civilian safety during a mass evacuation of Gaza City would be difficult, as Israel stepped up its military operations.
Russia launched a sweeping attack on Ukraine on Saturday, killing one person and injuring at least 24 others, including three children, in the southeastern city of Zaporizhzhia. The attack also caused significant damage to infrastructure and residential buildings, authorities reported.
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