EU Proposes Using Frozen Russian Assets to Buy Arms for Ukraine

European Commission President Ursula von der Leyen faces resistance from a group of EU countries over her plan to use Russian assets to purchase weapons for Ukraine, as tighter rules and a halt in EU funding leave member states seeking alternative sources of cash. Meanwhile, Western allies are divided over how to make Putin pay for the conflict in Ukraine, with the Biden administration frustrated at Europe's reluctance to confiscate Moscow's assets to finance Ukraine's reconstruction, risking a potential economic cliff edge for EU countries.