EU Plans to Use Frozen Russian Assets for Ukraine Aid, Amid Rising Tensions

As the conflict continues, the EU explores innovative funding methods for Ukraine's defense, while France condemns Russian disinformation and the U.S. warns of Ukraine's survival risk.

EU leaders are set to discuss a new plan to use the interest earned on Russian assets frozen in Europe to support Ukraine's defense industry and provide weapons and ammunition.
The EU is holding around 210 billion euros in Russian central bank assets, with potential profits of up to 3 billion euros each year to be divided among member countries.
A Czech-led initiative aims to buy hundreds of thousands of artillery rounds from outside the EU to support Ukraine, amid a shortage of ammunition.
France has criticized Russia's disinformation campaign, including false claims about French troops in Ukraine, as tensions between the two countries escalate.
Ukraine's survival is at risk, according to the U.S. Defense Secretary, with an ongoing funding impasse in the U.S. Congress threatening additional aid.