Summary Europe has frozen $229 billion in Russian central bank assets but remains reluctant to confiscate them for Ukraine’s defense and reconstruction. French lawmakers passed a non-binding resolution urging their government to use frozen Russian assets to fund Ukraine’s military support. European officials worry that seizing Russian assets could discourage foreign investment and harm the euro as a reserve currency. Legal experts cite state immunity principles as a major obstacle, though reparations for Ukraine could provide justification. There are fears that the European seizure of Russian
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