Published on

10/09/2026 - 11:45 GMT+2

More than 100 MEPs have called on European Union leaders to reopen talks on using Russia’s frozen assets to support Ukraine, as Kyiv flags a €23 billion shortfall in defence funding and EU countries remain reluctant to commit more money from their national budgets.

A letter sent on Wednesday and seen by Euronews argues that Moscow should pay for the damage caused by its war, backing a renewed push started by four EU countries at the end of August to unlock the immobilised assets.

The EU holds more than €200 billion in Russian assets, most of it in Belgium. The European Commission put forward a plan last December to convert them into a zero-interest loan to finance Ukraine’s defence against Moscow’s full-scale invasion.