Is Europe Dividing Over Russias Frozen Funds

Updated on 2025-10-23T17:07:16+05:30

Is Europe Dividing Over Russias Frozen Funds

Is Europe Dividing Over Russias Frozen Funds

 

Italy has raised strong objections to the European Union’s plan to use frozen Russian assets to support Ukraine. Italian Prime Minister Giorgia Meloni warned that such a move could cause economic and political instability. She also declined to back the UK’s decision to seize Russian funds for Ukrainian aid.

After the Russia-Ukraine war began, billions in Russian assets were frozen by Western nations. The EU now plans to use them for Ukraine’s reconstruction, but Italy argues that forcibly seizing another nation’s wealth sets a dangerous global precedent.

Analysts believe Meloni’s comments are not just economic but also political signaling growing fatigue in Europe and the U.S. over the prolonged conflict and its costs. The divide may test the unity of the European continent in the months ahead.