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.
The U.S. military said it completed a fresh wave of strikes on Iran late on Thursday, marking the 13th consecutive night of American attacks. The late...
Six candidates vying to become the next United Nations Secretary-General have called for restoring the organisation's credibility, strengthening multi...
Kazakhstan is set to become the first country in Central Asia to introduce electric vertical takeoff and landing (eVTOL) air taxis into its transport...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th July, covering the latest developments you need to know.
U.S. strikes on Iran entered a 12th consecutive night, while Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea, urging President Donald Trump to warn Tehran it would be held responsible for any future Houthi attacks.
The U.S. military said it completed a fresh wave of strikes on Iran late on Thursday, marking the 13th consecutive night of American attacks. The latest operation lasted more than two hours, according to U.S. Central Command.
Aleksandar Vučić's visit to Kyiv on 15 July appeared to send a geopolitical signal. But the significance of the trip lies less in the journey itself than in the limits Serbia carefully observed.
Six candidates vying to become the next United Nations Secretary-General have called for restoring the organisation's credibility, strengthening multilateralism and reforming the UN, during the first public town hall debate ahead of a decisive Security Council vote next week.
Kazakhstan and Kyrgyzstan are facing renewed Western scrutiny after the EU expanded sanctions targeting Russia's supply chains and the U.S. introduced new tariffs affecting trade with Central Asia.
A fast-moving wildfire has forced more than 10,000 people to evacuate homes and camping sites near France's Atlantic coast as extreme heat and worsening drought continue to fuel wildfires across Europe.
Fresh off attracting $4.3 billion in foreign investment and loans during the first half of 2026, Tashkent is using the Global Business Services Forum (GBSF) to showcase Uzbekistan's growing appeal as a destination for international investment in technology, outsourcing and artificial intelligence.
UK Prime Minister Andy Burnham has begun his first week working from No 10 North in Manchester, promising to shift power away from London, strengthen regional decision-making and drive economic growth across the country.
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