The head of the European Council, Costa, announced the freezing of Russian assets until the end of the conflict.

Frozen Russian assets located in the European Union (EU) will remain blocked until the end of the Ukrainian conflict and the payment of "compensation" to Ukraine. This was announced on December 12 by the head of the European Council, Antonio Costa, on the social network X.

He recalled that the relevant decision was agreed at the summit on October 23.

"Today we have fulfilled this promise," Costa said.

Union of Self-rescue: Russian assets have become the most important item on the agenda in Europe

EU countries do not want to take sole responsibility for the confiscation of Russian funds

Earlier that day, the EU decided to indefinitely freeze Russian assets located in Europe. We are talking about funds worth about €210 billion. Previously, the restrictive measures were extended every six months, but now EU countries will keep Russian funds blocked "for as long as necessary."

On November 27, Russian President Vladimir Putin announced that the confiscation of Russian assets located in the European Union would have negative consequences. In particular, the Russian government, on behalf of the head of state, is developing a package of retaliatory measures.

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