OR Slovakia will not agree to use frozen Russian assets to support Ukraine, Prime Minister Robert Fitzo said on Saturday (8.11.25).
“Slovakia will not participate in any legal or financial plan to seize frozen assets if these funds are spent on military spending in Ukraine,” Fico said in an interview with public broadcaster STVR, according to Bloomberg.
The European Union is considering tapping frozen assets of the Russian central bank to help Ukraine, which will need fresh financing by early 2026.
But talks have stalled as Belgium seeks stronger assurances that it will not be held responsible for the risks associated with the proposed 140 billion euro ($163 billion) loans, as much of the money is held in Belgium.