ON
← Back to feed
Lithuanian FM urges EU to revisit use of frozen Russian assets for Ukraine
LT🏛️ PoliticsProgressive3 hr. ago

Lithuanian FM urges EU to revisit use of frozen Russian assets for Ukraine

Lithuanian Foreign Minister Kęstutis Budrys urged the European Union to revisit the use of frozen Russian assets to fund Ukraine's military and civilian needs. He emphasized the necessity of a long-term financial strategy beyond just military support. This call follows renewed discussions within the EU about utilizing approximately 200 billion euros in frozen Russian central bank assets to aid Ukraine. Meanwhile, the EU is also considering expanding sanctions against Russia by adding more entities to its sanctions list. Budrys criticized Russia for not facing enough political costs for its actions against EU and NATO members. Belgium has opposed proposals to use Russian assets as collateral for loans to Ukraine, citing concerns over legal liability. Despite calls from several EU nations, including Sweden, Poland, the Netherlands, and Spain, Belgium's defense minister stated the issue is 'non-negotiable' and warned against persistent pressure from the Baltic states.

1 reports

LRT (English) logoLRT (English)State / PublicProgressive3 hr. ago
Lithuanian FM urges EU to revisit use of frozen Russian assets for Ukraine

Lithuanian Foreign Minister Kęstutis Budrys urged the European Union to revisit the use of frozen Russian assets to fund Ukraine's military and civilian needs. He emphasized the necessity of a long-term financial strategy beyond just military support. This call follows renewed discussions within the EU about utilizing approximately 200 billion euros in frozen Russian central bank assets to aid Ukraine. Meanwhile, the EU is also considering expanding sanctions against Russia by adding more entities to its sanctions list. Budrys criticized Russia for not facing enough political costs for its actions against EU and NATO members. Belgium has opposed proposals to use Russian assets as collateral for loans to Ukraine, citing concerns over legal liability. Despite calls from several EU nations, including Sweden, Poland, the Netherlands, and Spain, Belgium's defense minister stated the issue is 'non-negotiable' and warned against persistent pressure from the Baltic states.

Bias read (Progressive): The article frames the discussion around the use of frozen Russian assets as a necessary and urgent step to support Ukraine, aligning with the interests of countries like Lithuania and the Baltic states. It highlights the push for increased financial commitment and sanctions expansion, which leans左翼

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories