EU Debates Using Frozen Russian Funds to Support Ukraine
The EU is debating whether to use frozen Russian assets, including private investor funds, to pay war reparations to Ukraine. While legally entitled to reclaim their assets, many Russian investors face complex and costly legal processes, with only a small fraction successfully retrieving their funds. The total frozen assets amount to around €210 billion, mostly state reserves, with private assets estimated at about €12 billion. The process for private investors to recover their assets is difficult, expensive, and limited to those with EU or Western residence permits, raising concerns about fairness and accessibility.