Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Amaryllis

(10,964 posts)
Fri Dec 5, 2025, 11:27 AM Dec 5

Call transcript shows EU leaders tell Zelensky that they, not US, will decide on frozen Russian assets

(The Kyiv Independent is a much better source of news on Ukraine than US media.)

https://kyivindependent.com/exclusive-eu-leaders-say-that-they-not-us-will-decide-on-frozen-russian-assets/

European leaders privately insisted they alone should control decisions over immobilized Russian assets during a recent call with President Volodymyr Zelensky, according to a transcript obtained by the Kyiv Independent, even as the U.S. reportedly lobbied European countries to block plans to lend the cash to Ukraine.

In the call, German Chancellor Friedrich Merz, French President Emmanuel Macron and European Commission President Ursula von der Leyen repeatedly stressed that Europe is moving forward with a so–called reparations loan and is solely responsible for decisions regarding the assets.

The transcript was shared with the Kyiv Independent by a senior diplomatic source.

The EU formally presented the reparations loan on Dec. 3, which could lend up to 210 billion euros ($245 billion) of frozen Russian assets to Ukraine to keep the country's finances afloat, as Kyiv hurtles towards an existential cash crunch in mid–2026.

But the announcement comes as Bloomberg reported on Dec. 5, citing European diplomatic sources, that U.S. officials had tried to convince European countries to block the plan, and that the assets are needed to secure a peace deal between Russia and Ukraine.

more at link

17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Fiendish Thingy

(22,002 posts)
3. Let's hope this story is true
Fri Dec 5, 2025, 12:07 PM
Dec 5

EU needs to step into the void and support Ukraine to protect European democracies.

Emrys

(8,927 posts)
4. "the assets are needed to secure a peace deal between Russia and Ukraine"
Fri Dec 5, 2025, 12:46 PM
Dec 5

The assets are needed because Trump and his cronies are entitled terminally crooked greedy bastards and can't wait to get their claws on the blood money (or at least their 50% share of it) they're determined to screw out of the aftermath of their longed-for "peace deal".

Hence at least part of the reason for their unseemly and irresponsible rush, before the EU and Ukraine pre-empt that option.

Bluetus

(2,279 posts)
13. Trump is on a major losing streak. You would think at some point
Sun Dec 14, 2025, 09:19 AM
Dec 14

he might show a little humility, but that is impossible for him and any of his family of grifters.

EVERYBODY is getting on this "Kick Trump in the balls" game now.

Emrys

(8,927 posts)
15. We'll see whether the EU putting the Russian assets held on its territory out of his reach
Sun Dec 14, 2025, 09:31 AM
Dec 14

finally puts the dampers on his push to bully Ukraine into a settlement nobody - including, it seems, the Russians - wants except him.

It's been telegraphed that Witkoff will leave his post in the New Year. That may be the ultimate coup de grace. Then the serious nations can get on and see what they can make of the mess he's left for others to sort out.

Bluetus

(2,279 posts)
16. Apparently Z and Witkoff meet today
Sun Dec 14, 2025, 09:43 AM
Dec 14

Is that timing coincidental, or is Trump trying to rush in and make himself relevant again?

https://www.politico.eu/article/ukrainian-president-volodymyr-zelenskyy-us-envoys-in-berlin-peace-talks/

“The summit in Berlin is important: we are meeting with both the Americans and the Europeans,” Zelenskyy told journalists.

Notice that Z is not including the US in the talks with the Europeans. Basically, Trump has no standing now. He has tried to screw Ukraine and Europe from the very outset. They are working around Trump now. And we have Trump on the outside looking in, screaming "I want to play too."

Emrys

(8,927 posts)
17. There were a series of summits planned for this week,
Sun Dec 14, 2025, 10:06 AM
Dec 14

and I think Trump felt that this weekend should see the culmination and a major step forward in his scheming, inasmuch as he's still paying any attention.

Kushner's presence may be more significant than Witkoff's. There have been reports that the Ukrainians have found his input more helpful than Witkoff's, but that's an exceedingly low bar to clear, and they may just be being politely diplomatic. I'd take the American presence as more a case that they don't want to be left totally out of the loop, frozen out by Ukraine's more serious allies who know damn well what Witkoff and Trump et al. are up to.

The chances of a "deal" at this point are zilch. I think everyone knows that except, apparently, Trump. I don't know how often the Russians have to declare bluntly that the only end to the war they're interested in is Ukraine's abject surrender on purely Russian terms before it sinks in.

flashman13

(2,007 posts)
5. The assets are needed to secure peace. When the Ukranians finally kick the Russian's ass there will be peace.
Fri Dec 5, 2025, 01:04 PM
Dec 5

GiqueCee

(3,396 posts)
7. As long as the Orange Hellbeast...
Fri Dec 5, 2025, 01:29 PM
Dec 5

... defiles the Oval Office, nobody should trust the U.S. government, or bend the knee to the self-serving demands he tries to impose on sovereign nations. Trump cannot be trusted any further than you can throw the garbage truck that spawned him.

ColoringFool

(253 posts)
9. You Mean To Say The King Of The World Isn't The Final Arbiter Here?! ....
Fri Dec 5, 2025, 02:29 PM
Dec 5

His offer is Putin's: "Pay me a Croesus-level fortune and I'll leave. For now."

Here come more admonitions, insults, threats, and tariffs!

If only Scotland could/would confiscate his golf courses, or at least disallow the construction of more.

LiberalLovinLug

(14,574 posts)
10. The headline says they WILL decide. The content of the article puts it another way.....
Fri Dec 5, 2025, 02:37 PM
Dec 5

European leaders privately insisted they alone SHOULD control decisions over immobilized Russian assets

So its unclear if the US has to be on board or not.

Amaryllis

(10,964 posts)
11. WHy does the US have any say at all? Unless they are making US aid conditional on having a say...
Fri Dec 5, 2025, 03:15 PM
Dec 5

Bluetus

(2,279 posts)
14. What is that worth? Trump has been doing everything in his power to sabotage Ukraine.
Sun Dec 14, 2025, 09:26 AM
Dec 14

Don't forget, that was the reason for his first impeachment.

https://en.wikipedia.org/wiki/First_impeachment_of_Donald_Trump

The EU leaders have been waiting a long time for this. Please note that nothing has changed legally. They could have taken this same action years ago. They are taking it now because:

A) They see Trump is going down fast and hard
B) They think this can fundamentally change the outcome of the war

A $600,000,000,000 swing ($300B from Russia and $300B to Ukraine) is a BFD, given how severely Ukraine has disrupted the Russian economy. You know this money has been on the table in discussions with the Europeans for almost 4 years. They have all decided this is the right moment.

Latest Discussions»General Discussion»Call transcript shows EU ...