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Live Updates  >  Live Update Details

2025-11-03 07:42:19

[Trump Says He Will Not Participate in Discussions Regarding Potential European Seizure of Frozen Russian Assets] US President Donald Trump stated that he will not participate in discussions regarding the potential seizure of frozen Russian assets by Europe. "I will not participate in these discussions," the president told reporters. The White House broadcast the statement live. Since Russia launched its special military operation in Ukraine, the EU and the G7 have frozen nearly half of Russia's foreign exchange reserves, totaling approximately €300 billion. Over €200 billion of these assets are held within the EU, primarily by Euroclear, one of the world's largest settlement and clearing systems in Belgium. Data from the European Commission shows that between January and September 2025, the EU has transferred €14 billion in proceeds from frozen Russian assets to Ukraine. (Sputnik News)

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