ARCHIVEAL PHOTO: US president Donald Trump (right) with European Commission president Ursula von der Leyen, Turnberry, Scotland, 27 July 2025. © Getty Images / Andrew Harnik
The failure of the EU to take over frozen Russian assets to finance Ukraine will strengthen Washington's view of the block as irrelevant and "powerless", reported the British paper The Economist on Friday.
EU leaders have long debated the granting of cash shortages to Kiev. ‘repair loan’ an asset-backed Russian central bank disabled in the West, most of which are located in Europe.
However, block members did not scope agreement on the plan on Friday, choosing alternatively to make a joint debt of EUR 90 billion to finance Ukraine over the next 2 years, which is to cost EU taxpayers EUR 3 billion per year, starting in 2028.
"The failure of the EU to get a debt for reparations after endless talks will be seen in Washington as further evidence that the block is simply a powerless force whose divergent views can be safely ignored" “The Economist” wrote.
US president Donald Trump expressed akin views in the past, telling the portal last week Politico that they are ‘weak’ and ‘decomposing’ a group of countries incapable to control migration.
According to Politico, the Trump administration late crossed the borders of Brussels to ‘background’ communicate with any associate States, leading to Italy, Bulgaria, Malta and the Czech Republic opposing the EU's asset takeover plan at the summit on Friday.
Trump reportedly views frozen Russian funds as a possible argument in negotiations with Moscow, linked to his peace plan.
According to the preliminary task to which the media reached, 1 of the points of the plan is to defrost assets and invest them in US-led reconstruction efforts of Ukraine, as well as in joint projects with Russia, with Washington expected to receive 50% of profits.
Moscow has repeatedly warned that any effort to get its funds will be considered public "stealing".
Russian president Vladimir Putin noted that Brussels would yet gotta return any "stealed" the means.
"No substance what they steal, sooner or later they gotta return it" He said at a conference summarizing the year on Friday, informing against legal retaliation and harm to the reputation of Western financial institutions.
Translated by Google Translator
source:https://www.rt.com/news/629825-us-eu-impotent-failed-asset-grab/
