Frozen Russian Money has become one of the most urgent debates in Europe today. Moreover, the issue gained momentum after a direct and emotional statement by Swedish minister Maria Malmer Stenergard. She revealed a sharp imbalance in Europe’s approach to the Ukraine–Russia war, and therefore called for immediate action.
Europe’s Support Still Falls Behind
Europe has supported Ukraine with €187 billion since the full-scale invasion. However, during the same period, Europe imported €311 billion worth of oil, gas, and other goods from Russia. This creates a negative balance of €124 billion. According to Stenergard, this situation is a disgrace.
She explained that Europe cannot expect real progress toward peace if this gap continues. Therefore, she urged leaders to correct the imbalance without delay.
Why Frozen Russian Money Matters Now
A major part of Stenergard’s message focused on Frozen Russian Money. These assets include Russian state funds and wealth linked to sanctioned individuals. They remain blocked across Europe due to Russia’s actions in Ukraine.
Using Frozen Russian Money would send a strong signal. It would show that Europe stands with Ukraine in both words and action. It would also reduce Ukraine’s heavy burden and help the country maintain stability during the war.
A Simple Path Toward Stronger Support
Stenergard believes that releasing these frozen assets is one of the simplest ways to boost support. The funds are already held in Europe, and the move would not require new taxes. It would also shift the cost of war back toward the aggressor.
Many leaders agree that Europe should use these funds for Ukraine’s defense, recovery, and humanitarian needs. Moreover, this step would increase pressure on Russia and limit its economic strength.
The Road Ahead for Europe
The debate around Frozen Russian Money continues. Some leaders worry about legal questions. Others fear political backlash. Even so, the need for firm decisions is growing. Ukraine’s survival depends on consistent support, and Europe faces a test of unity.
Stenergard warned that peace talks will not work if Europe continues to fund both sides of the war. Furthermore, she believes that unlocking Frozen Russian Money could become a turning point. As a result, it would prove that Europe stands fully behind Ukraine and firmly against Russian aggression.
Why Frozen Russian Money Ties Directly to EU Credibility
Europe must choose whether to act boldly or remain cautious. The numbers reveal a clear truth. Ukraine needs stronger support. Russia continues to benefit from European imports. Therefore, unlocking Frozen Russian Money is one of the quickest and most direct solutions.
A united approach could strengthen Europe’s credibility and show that its values are more than political statements. As the conflict continues, action is far more important than promises.
Source: European Council
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