The European Union has just transferred €1.6 billion in interest generated by the Russian Central Bank’s frozen assets, its third tranche after July 2024 and April 2025.
This sends a strong signal: the aggressor must pay.
Today, 95% of this sum goes to the Ukraine Loan Cooperation Mechanism (ULCM) and 5% to the European Peace Facility.
On March 12, 2025, the French National Assembly adopted a resolution reiterating the need to seize the capital, more than €210 billion of Russian public assets frozen in European banks, and allocate them to military and economic support and reconstruction in Ukraine.For now, only the yield (interest) from these assets is being mobilized; the capital remains intact and unused, primarily held at Euroclear.
We demand:
1. The seizure of the capital, not just the interest, to finance the defense, security, and reconstruction of Ukraine.
2. Eliminate any prospect of returning these funds to Russia.
3. Make Russia the direct payer of the destruction and crimes committed by its imperialist aggression.
