Italy's ruling parties urge caution on using frozen Russian assets


Italian Prime Minister Giorgia Meloni attends the Atreju gathering, hosted by her party, Brothers of Italy, with Palestinian President Mahmoud Abbas (not pictured), in Rome, Italy, December 12, 2025. REUTERS/Vincenzo Livieri

ROME, Dec 16 (Reuters) - Italy's ruling parties are urging caution in the use of frozen Russian assets to support Ukraine, according to a draft parliamentary resolution, saying the impact on state finances should be carefully assessed.

The European Union wants to tap part of the roughly 210 billion euros ($246.96 billion) worth of Russian central bank assets frozen in Europe after Moscow invaded Ukraine in 2022 to back a loan for Kyiv's military and civilian needs.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Iran to be high on G7 ministerial agenda at upcoming meeting, Canada says
2nd LD Writethru: Int'l passenger train from China to DPRK arrives in Pyongyang
Global nuclear capacity under construction hits 40-yr high: IEA chief
Roundup: Rising fuel prices weigh on Zimbabwean commuters amid Middle East crisis
World Bank approves 137 mln USD to boost digital integration, job creation in West Africa
Real Madrid joy tempered by Mendy injury
74 Burundian refugees repatriated from Rwanda
Gunman shot dead at Virginia university after injuring two
Hungary returns seized Ukrainian bank vehicles, withholds cash and gold
Russia says eight medics killed in Ukrainian drone attack in Donetsk region

Others Also Read