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  • France blocks release of frozen Russian assets

    12/08/2025 4:12:48 PM PST · by Mariner · 21 replies
    The Telegraph via Yahoo ^ | December 8th, 2025 | Joe Barnes
    France has refused to reveal the whereabouts of €18bn in frozen Russian assets in discussions over the European Union’s future funding for Ukraine.The majority of the cash is being held by commercial banks, which Paris has argued should be protected from the €140bn “reparations loan” for Kyiv.Despite publicly backing a scheme which envisages using frozen Russian assets in Europe to guarantee a loan to Kyiv, France has emerged as a potential blocker by refusing to allow private, commercial banks from being plundered to aid Ukraine, according to reporting by The Financial Times.EU member states are caught up in fractious talks...