Europe

Explainer: Why Russia's frozen assets are Europe's hot topic once again
Europe

Explainer: Why Russia's frozen assets are Europe's hot topic once again

by Chris Powers

BRUSSELS, Belgium — Months after the idea was thought to have been laid to rest, some EU capitals are reviving the push to use 200 billion euros ($233 billion) in Russian assets, frozen in the bloc since 2022, to support Ukraine. The bloc's 27 countries are straining under the financial burden of bankrolling Ukraine, essentially on their own, while Kyiv is facing a massive budget hole amid Russia's unabating aggression. Meanwhile, the Russian threat has been forcing Europe to divert funds from

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