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The John Batchelor Show

S8 Ep211: CRUNCH EU SUMMIT DISCUSSES USING FROZEN RUSSIAN ASSETS FOR UKRAINE Colleague Anatol Lieven. The European Union is internally divided over seizing frozen Russian assets to fund Ukraine's war effort and reconstruction, a move requiring rule changes that som

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 18 December 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

CRUNCH EU SUMMIT DISCUSSES USING FROZEN RUSSIAN ASSETS FOR UKRAINE Colleague Anatol Lieven. The European Union is internally divided over seizing frozen Russian assets to fund Ukraine's war effort and reconstruction, a move requiring rule changes that some members resist. While the US proposes using these funds for post-war rebuilding, current plans risk spending the capital on immediate warfare, potentially undermining international financial trust. NUMBER 1
1811 BRUSSELS

Transcript

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0:00.0

This is CBS Eye on the World.

0:08.5

Here's John Batchelor.

0:11.8

This is CBSI on the world.

0:14.3

I'm John Batchelor.

0:16.1

Ukraine contest, and the European Union's response so far is not adequate, and the Europeans will

0:22.6

acknowledge that.

0:23.8

What is to be done?

0:25.2

I welcome Anatol Levin of the Quincy Institute for Responsible Statecraft, writing most recently

0:31.1

at several publications observing the lengthy and incomplete negotiation to end the fighting and begin repair of Ukraine.

0:40.5

But that takes money.

0:42.0

And we come to the headline in Reuters.

0:45.3

Crunch EU Summit discusses using frozen Russian assets for Ukraine.

0:50.5

Subhead European leaders trying to overcome differences on plans to use the frozen Russian assets

0:57.1

to finance Ukraine's war effort at a summit, see a critical test of the block's strength.

1:03.6

What we know right now is this argument has been going on for weeks and it's likely to continue.

1:08.9

There are reasons for not doing anything with those frozen assets,

1:13.9

but there is a need for them right now. Anatole, a very good evening to you. We don't know the

1:19.1

resolution, but we do know the intention is to pay for not only the war fighting, but the repair

1:26.4

afterwards.

1:30.6

Russia is making routine threats if you touch our money.

1:33.7

What is your measure right now of the European Union?

1:37.4

27 states, including the richest in Europe.

...

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