EU's €200 Billion Russian Asset Plan Revived as Ukraine Faces Funding Crisis

A group of 122 European Parliament members is urging EU leaders to restart plans to use over €200 billion in frozen Russian assets to support Ukraine. The cross-party group says the funds are urgently needed. Ukraine faces a €23 billion defense funding gap and its hardest winter since the war began. The assets were immobilized after Russia's full-scale invasion in 2022. EU leaders previously hesitated, citing legal risks. The lawmakers want the plan back on the agenda. No decision has been made yet.