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.
China’s growing use of electric and hydrogen-powered vehicles took centre stage at the Beijing Auto Show 2026, which opened on 2...
More than 1,000 firefighters are battling to contain two major wildfires in northern Japan for a fourth consecu...
Residents in central Gaza are preparing to vote in municipal elections on Saturday (25 April), marking the first ballot in the Strip since 2006. Th...
Militants have staged coordinated attacks in Mali’s capital, Bamako, and several locations across the country, the army said on Saturday (...
Ukrainian President Volodymyr Zelenskyy is in Azerbaijan for talks with President Ilham Aliyev, holding meetings in G...
China’s growing use of electric and hydrogen-powered vehicles took centre stage at the Beijing Auto Show 2026, which opened on 24 April, highlighting the country’s expanding clean transport ambitions.
More than 1,000 firefighters are battling to contain two major wildfires in northern Japan for a fourth consecutive day, as flames advance towards residential areas and force thousands to flee.
Residents in central Gaza are preparing to vote in municipal elections on Saturday (25 April), marking the first ballot in the Strip since 2006. The vote in Deir al-Balah is being watched closely as a rare indication of public sentiment, including towards Hamas.
Militants have staged coordinated attacks in Mali’s capital, Bamako, and several locations across the country, the army said on Saturday (25 April), in an assault apparently involving jihadist and Tuareg-led groups.
Argentina has reiterated its interest in resuming talks with the United Kingdom over the Falkland Islands, a disputed archipelago in the South Atlantic, after reports that an internal Pentagon email suggested reviewing Washington’s support for the UK’s claim amid tensions over the Iran war.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy Steve Witkoff and adviser Jared Kushner to Islamabad for talks with Iran under Pakistani mediation.
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending a four-day effort after a Ukrainian drone strike.
Ukrainian President Volodymyr Zelenskyy is in Azerbaijan for talks with President Ilham Aliyev, holding meetings in Gabala on Saturday (25 April) during a working visit to the country.
Slovenia’s national broadcaster RTV Slovenia has confirmed it will not air the Eurovision Song Contest 2026, joining a widening boycott over Israel’s participation.
More than 1,000 firefighters are battling to contain two major wildfires in northern Japan for a fourth consecutive day, as flames advance towards residential areas and force thousands to flee.
Militants have staged coordinated attacks in Mali’s capital, Bamako, and several locations across the country, the army said on Saturday (25 April), in an assault apparently involving jihadist and Tuareg-led groups.
Two men were killed after the United States carried out a missile strike on a suspected drug-trafficking boat in the eastern Pacific Ocean on Friday (24 April), the military said.
Argentina has reiterated its interest in resuming talks with the United Kingdom over the Falkland Islands, a disputed archipelago in the South Atlantic, after reports that an internal Pentagon email suggested reviewing Washington’s support for the UK’s claim amid tensions over the Iran war.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
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