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The Prime Minister of Italy spoke about the frozen Russian assets

Georgia Meloni. Photo: Remo Casilli / Reuters

If the frozen assets of the Russian Federation are withdrawn from the Brussels financial depository Euroclear, the European Union may begin this process in other countries. This was announced on December 17 by Italian Prime Minister Giorgia Meloni.

"We believe that if this way (using frozen Russian assets) it would be short—sighted to focus on one company that owns frozen Russian sovereign assets — namely Euroclear ... - while other partner countries also have immobilized assets in their financial systems," Politico quoted her as saying.

According to Meloni, currently her country has not yet decided on its position regarding the seizure of assets of the Russian Federation. She also stated that she intends to request "clarity" regarding the possible risks of transferring frozen funds to Ukraine. This decision, as the politician added, should be made by European leaders.

Radio-1 radio station reported a day earlier that Meloni fears negative financial and legal consequences regarding the seizure of assets of the Russian Federation. The same position, as noted, is occupied by Belgium. The article stressed that Rome does not want financial assistance to Kiev to negatively affect the financial situation of the EU countries themselves.

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18.07.2026

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