--- title: "Politicians urge EU to seize €210bn in Russian assets for Ukraine" publication: "MediaBias News" url: "https://mediabias.news/politics/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine" api: "https://mediabias.news/api/v1/stories/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine" markdown: "https://mediabias.news/politics/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine.md" audio: "https://mediabias.news/api/audio/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine" category: "Politics" area: "Ukraine" published: "2026-10-30T10:25:12.118Z" source_reported: "2026-10-30T09:14:00.000Z" updated: "2026-10-30T10:25:12.118Z" trust_score: 60 critic_score: 65 hype_score: 20 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-10-30T12:04:44.720Z" --- # Politicians urge EU to seize €210bn in Russian assets for Ukraine *A proposal suggests using frozen funds to finance Ukraine's defence and cover reconstruction costs.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 60 of 100, higher is better. Central claim attributed to named politicians and supported by two independent outlets. - Craft 65 of 100, higher is better. Quotes from the article are used, and the context of the call to action is provided. - Hype 20 of 100, lower is better. The headline and article language are measured and proportionate to the content. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Four senior politicians from the UK, Germany, France, and Canada have urged the EU to seize €210 billion in frozen Russian assets. - They propose these assets could fund Ukraine's defence until 2029 and beyond the next US presidential election. - The politicians argue Russia has a legal obligation under international law to compensate for its invasion. - A previous attempt to use these funds was halted due to concerns over liability falling on a Belgian bank. Rachel Reeves, a former UK Cabinet minister, along with three other senior politicians from Germany, France, and Canada, have called on the European Union to seize €210 billion in frozen Russian assets. They argue that these funds could be used to finance Ukraine's defence and reconstruction efforts. The politicians stated that Moscow has an obligation under international law to pay compensation for its invasion of Ukraine. The proposal suggests that the frozen assets could fund Ukraine's defence into 2029 and potentially beyond the next US presidential election. This aims to mitigate risks associated with potential shifts in international political support. The politicians also noted that a previous attempt to utilise these funds failed due to concerns about liability falling on a Belgian bank that held a significant portion of the assets. ## Disagreement on liability transfer The Evening Standard and Irish News reported that the proposal is to transfer custody of the frozen accounts to the EU itself, along with associated liabilities. This approach aims to mitigate the risks previously faced by a Belgian bank. Handelsblatt reported that G7 politicians, including Nathalie Loiseau, Rachel Reeves, Chrystia Freeland, and Annegret Kramp-Karrenbauer, are demanding that the EU manage Russia's frozen assets. ## What the coverage left out None of the left-rated digests mention the precedent of transferring Iraqi assets to an account at the Federal Reserve Bank of New York, as reported by the Evening Standard and Irish News. The right-rated digest does not mention the specific amount of €210 billion in frozen Russian assets. ## Who covered it Shares of the 7 covering outlets with a published leaning rating: - Left: 71% (5) - Centre: 15% (1) - Right: 14% (1) 3 of 10 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-30T12:04:44.720Z. **Coverage watch:** developing. Checked 106 times; 0 checks found a material change. Most recently checked 2026-10-31T13:45:24.744Z. ## How the sides framed it ### Left - Five left-rated reports led on the call by Rachel Reeves and three other politicians for the EU to seize €210 billion in frozen Russian assets. The Irish News, The Independent, The Independent (US), and Le Monde all highlighted Reeves's statement that 'the time to act is now'. Le Monde also noted that Ukraine will need an additional €70 billion in 2027 and that four former G7 ministers are calling for the transfer of frozen accounts to the EU. Charter97.org mentioned that Great Britain and Canada could join the initiative. ### Centre - The centre-rated Evening Standard report focused on Rachel Reeves's call to the EU to seize €210 billion in frozen Russian assets. It quoted Reeves stating, 'the time to act is now', and highlighted her concern that without the funding, Ukraine's 'capacity to sustain its defence will be gravely impaired'. The report also mentioned Donald Trump's efforts to pressure Kyiv to 'cut a deal with Moscow'. ### Right - The right-rated Handelsblatt digest stated that G7 politicians Nathalie Loiseau, Rachel Reeves, Chrystia Freeland, and Annegret Kramp-Karrenbauer are demanding that the EU manage Russia's frozen assets. The headline of the digest was 'Guest Comment: Russia's Money for Ukraine, the EU Must Act Now'. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 1 - high: 4 - unknown: 3 - veryHigh: 2 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [tvpworld.com](https://tvpworld.com/96214122/eu-should-use-frozen-russian-assets-to-help-ukraine) — Leading politicians publish call for EU to use frozen Russian assets to help Ukraine - [Actualno.com](https://actualno.com/europe/chetiri-jeni-bivshi-ministri-vmesto-myjete-na-zapad-ukrajna-da-poluchi-zamrazenite-ruski-pari-obzor-video-news_2656668.html) — Four Female Former Ministers Instead of Men in the West: Ukraine to Receive Frozen Russian Money (REVIEW) - [charter97.org](https://charter97.org/ru/news/2026/10/30/703685) — The Times: Four Former Ministers Called on the EU to Take Control of Russian Assets - [The Independent](https://independent.co.uk/news/uk/politics/rachel-reeves-ukraine-russian-assets-eu-b3076054.html) — Reeves urges EU to ‘act now’ and seize £175bn of Russian assets to protect Ukraine - [Western Morning News](https://westernmorning.news/2026/10/29/reeves-urges-eu-to-act-now-and-seize-175bn-of-russian-assets-to-protect-ukraine) — Reeves urges EU to ‘act now’ and seize £175bn of Russian assets to protect Ukraine - [Evening Standard](https://standard.co.uk/news/politics/ukraine-rachel-reeves-donald-trump-russian-kyiv-b1302888.html) — Reeves tells EU ‘the time to act is now’ in seizing Russian assets for Ukraine - [Irish News](https://irishnews.com/news/uk/reeves-tells-eu-the-time-to-act-is-now-in-seizing-russian-assets-for-ukraine-YNXVJF6TABITLL5HDTBQIUGEP4) — Reeves tells EU ‘the time to act is now’ in seizing Russian assets for Ukraine - [The Independent (US)](https://the-independent.com/news/uk/home-news/ukraine-rachel-reeves-donald-trump-kyiv-government-b3076048.html) — Reeves tells EU ‘the time to act is now’ in seizing Russian assets for Ukraine - [Handelsblatt](https://handelsblatt.com/meinung/gastbeitraege/gastkommentar-russlands-geld-fuer-die-ukraine-die-eu-muss-jetzt-handeln/100264547.html) — Guest Comment: Russia's Money for Ukraine – the EU Must Act Now - [Le Monde](https://lemonde.fr/idees/article/2026/10/29/ukraine-l-union-europeenne-doit-devenir-le-depositaire-des-210-milliards-d-euros-d-avoirs-russes-geles-en-2022_6802371_3232.html) — Ukraine: "The European Union Must Become the Repository of the €210 Billion Worth of Russian Assets Frozen in 2022" ## Questions **How much money are politicians calling for the EU to seize from Russia?** Politicians are calling on the European Union to seize €210 billion in frozen Russian sovereign assets. They propose that these funds could be used to finance Ukraine's defence and reconstruction efforts. **Who is calling for the seizure of Russian assets?** The call is led by Rachel Reeves, a former UK Cabinet minister, along with three other senior politicians from Germany, France, and Canada. These individuals have co-authored an article advocating for the seizure of these assets. **Why is this proposal being made now?** The proposal is being made due to Ukraine's urgent need for funding, with a projected financial hole of €70 billion for the next year. Additionally, there is concern that political shifts, such as the next US presidential election, could impact future support for Ukraine. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/politics/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine. Please cite as: MediaBias News, "Politicians urge EU to seize €210bn in Russian assets for Ukraine", https://mediabias.news/politics/politicians-urge-eu-to-seize-210bn-in-russian-assets-for-ukraine