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Podcast: Frozen Russian assets explained simply

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Europe News

European leaders commit to assisting Ukraine in future Russian attack

As European leaders vowed to protect Ukraine against Russia in the future, including via military means, Zelenskyy hailed progress with the US in talks about security guarantees – but disagreements over territory remain.

Europe News

Reparations loan under 'pressure from different sides', Kallas says

The reparations loan for Ukraine is in doubt after Italy, Bulgaria, Malta and the Czech Republic joined the Belgian opposition and called for "alternative solutions". EU leaders will gather on Thursday to decide how to meet Kyiv's financial and military needs for the next two years.

Ukraine

11 people injured in Russian strikes targeting Sumy and Zaporizhzhia

Moscow launches daytime strikes targeting various settlements across Zaporizhzhia and Sumy, injuring at least 11 people. The attacks come as Zelenskyy meets with US envoys Steve Witkoff and Jared Kushner in Berlin, as Washington intensifies its efforts to end the war in Ukraine.

Europe News

By locking in Russian assets for good, the EU finally plays hardball

In an audacious move, the EU has decided to indefinitely immobilise the Russian sovereign assets, pushing back against external pressure to release the funds before Moscow agrees to pay war reparations to Ukraine.

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Europe News

EU dismisses Russia's lawsuit against Euroclear as 'speculative'

As the EU rushes to approve a reparations loan for Ukraine, the Russian Central Bank has launched a lawsuit against Euroclear, the institution that holds €185 billion of its assets.

Europe News

Coalition of the Willing calls for transatlantic unity for Ukraine

This week's diplomatic flurry continued on Thursday when 34 leaders gathered for a Coalition of the Willing meeting to discuss security guarantees for Ukraine. The other aim: get the US on board with their positions.

Europe News

EU agrees to indefinitely immobilise €210 billion of Russian assets

The EU has decided to keep the assets of the Russian Central Bank immobilised for the foreseeable future. The ban, which is based on a provision for economic emergencies, pushes back against external attempts to release the €210 billion in assets before Ukraine is compensated.

Ukraine

Ukraine to give revised peace plans to US officials, Zelenskyy says

Zelenskyy is walking a tightrope between defending Ukrainian interests and showing Trump he is willing to make some compromises.

Italy

Zelenskyy seeks backing in Rome and vows no land to be ceded to Russia

Zelenskyy met Pope Leo XIV and Italian Premier Giorgia Meloni in Rome on Tuesday, meanwhile voicing his refusal to surrender territory to Moscow despite pressure from Washington for territorial concessions.

Europe News

Merz 'sceptical' of US plans for Ukraine as Europeans reaffirm support

Volodymyr Zelenskyy started another intense diplomatic week on Monday after Ukraine concluded talks with US negotiators without a breakthrough, triggering criticism from Trump.

Ukraine

Kyiv seeks 'dignified peace' as Russia hits Ukrainian cities overnight

At least one person was killed and more than 15 others were wounded in overnight Russian strikes targeting several Ukrainian cities. The attacks come as efforts continue to bring an end to Russia’s full-scale invasion of Ukraine, well into its fourth year.

Europe News

Doubts grow over reparations loan for Ukraine as final deadline nears

The push to approve the reparations loan for Ukraine has entered the final stretch ahead of an EU leaders' summit on 18 December. Belgium continues to oppose the proposal, while Hungary rejects the Plan B of joint debt. Ursula von der Leyen has warned there are "no easy options".

Ukraine

Chernobyl nuclear plant shield no longer blocks radiation, IAEA says

The Europe-built multilayered confinement building completed in 2019 was designed to contain the radiation coming from the melted-down nuclear fuel.

USA

Trump says Zelenskyy 'isn't ready' to sign US-backed peace deal

The US president's comments come after US and Ukrainian negotiators completed three days of talks on Saturday.

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Families find rare calm at Ukraine's exhibition centre amid power cuts

A brightly lit path at Ukraine's main exhibition centre offers a rare moment of calm for families facing daily power cuts and air-raid alerts.

USA

Zelenskyy hails 'substansive' call with US officials over peace talks

A Ukrainian delegation met with US officials for three days of peace talks in Florida. Both sides acknowledge lasting peace will depend on Russia.

Ukraine

Russia launches massive attack at Ukraine amid ongoing peace efforts

Moscow launched 653 drones and 51 missiles at Ukraine overnight into Saturday, triggering air raid alerts across the country and wounding at least eight people.

Europe News

Reparations loan is 'very fragile' and risky, Euroclear warns

Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal.

Europe News

With reparations loan for Ukraine, the EU defies both Putin and Trump

The European Union is defying external pressure from Washington and Moscow to get a seat at the table by leveraging the immobilised Russian assets held in its jurisdiction. The move is bold, but carries many questions.

Europe News

Friedrich Merz to meet Belgian PM to unblock reparations loan

The crisis meeting between the German chancellor and the Belgian premier is aimed at unblocking the reparations loan to Ukraine. It comes as Ursula von der Leyen offered sweeping guarantees to protect Belgium.

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