Europe's major powers are rallying behind efforts to seize over €200 billion in frozen Russian assets as they work on a ceasefire deal for Ukraine, with France and Germany, previously resistant to a full-scale asset seizure, now in talks with the UK and other nations on potential ways to utilize these funds, the Financial Times reported.
French officials have explored a proposal for European capitals to seize Russian assets if Moscow breaches a future ceasefire in Ukraine, according to three unnamed sources familiar with the discussions who spoke to FT, as part of broader efforts to provide security guarantees to Kyiv.
