The UK is reportedly trying to convince the European Union to take control of frozen Russian assets, aiming to undermine US President Donald Trump’s efforts to advance peace initiatives that could end the Ukraine conflict, according to Russia’s Foreign Intelligence Service (SVR).
After the launch of Russia’s Special Military Operation in February of 2022, Kiev’s Western backers froze approximately $300 billion in Russian sovereign assets, of which $246 billion has been immobilized by EU member states.
Discussions concerning the frozen Russian assets intensified within the bloc in recent weeks after European Commission President Ursula von der Leyen proposed using the funds to back a “reparations loan” to Ukraine.