Hungary says EU idea to use frozen Russian assets carries legal risks
Published by Global Banking & Finance Review®
Posted on September 11, 2025
1 min readLast updated: January 22, 2026

Published by Global Banking & Finance Review®
Posted on September 11, 2025
1 min readLast updated: January 22, 2026

Hungary warns the EU of legal risks in using frozen Russian assets for a loan to Ukraine, stressing the need for legal compliance.
BUDAPEST (Reuters) -The EU executive's idea to use the cash balances associated with Russian assets frozen in Europe to provide a loan to Ukraine has risks and it is important that these legal risks are not spread on member states, Hungary's EU minister said on Thursday.
"It is not clear to me how this is possible without the Commission touching the Russian assets themselves, the Commission president did not provide details on this," Janos Boka told a briefing. "The most important is...that this should meet all legal requirements."
(Reporting by Krisztina Than; Editing by Sharon Singleton)
Frozen assets refer to funds or properties that have been legally restricted from being accessed or utilized, often due to legal actions or sanctions.
A loan is a sum of money borrowed from a lender that is expected to be paid back with interest over a specified period.
Legal risk refers to the potential for financial loss due to legal actions or non-compliance with laws and regulations.
Ukraine's financial situation involves its economic stability and the need for financial assistance, particularly in the context of loans and international support.
Explore more articles in the Headlines category


