🔗 Share this article UK Prepared to Employ Frozen Russia's Funds to Support Ukraine's Defense The British government is ready to advance with utilizing the entire amount of frozen Russia's assets to bolster the Ukrainian war effort, PM Sir Keir Starmer has announced. In a shared declaration, the leaders of the Britain, the French Republic, and Germany emphasized that this coordinated action would escalate tension on Moscow's head Vladimir Putin and persuade Moscow to participate in talks. They further noted that the move would be carried out in close cooperation with the United States. British sanctions have blocked in excess of £25bn of Russia's assets since Moscow launched its comprehensive attack against the Ukrainian nation in 2022. However, previously, funds provided to the Ukrainian government using Russia's holdings had exclusively been drawn from profits and interest accrued on them. Sir Keir informed Ukrainian President Volodymyr Zelensky that the United Kingdom, France, and the Federal Republic of Germany were in agreement in their goal to push forward toward employing the full value of the seized Moscow's national funds to halt hostilities. He noted that additional restrictions over the next period would apply more pressure on the Russian government. This statement comes after EU representatives convened in the Danish capital recently to consider using frozen Russian holdings for a €140 billion loan to the Ukrainian nation. In the previous month, President Donald Trump called on Group of Seven partners to confiscate or utilize frozen Russian assets, according to media sources. The total of frozen Russia's holdings in the Europe is assessed to be approximately €211bn. Leader Zelensky encourages Britain's Sir Keir Starmer to join the PURL initiative Moscow executed large-scale bombardments throughout Ukraine on that day, leading to power cuts in large parts of the capital city, the city, and several other zones. A pair of individuals were killed and a minimum of 20 people were wounded in the assault, authorities in Ukraine said. In a update on X following the strike, Zelensky commented that the premeditated assault targeted non-military and power facilities. "What is required is not empty words but decisive action - from the United States, Europe, and the Group of Seven - in providing defense mechanisms and implementing penalties," he emphasized. "All penalty impositions weakens the Russian war effort," Zelensky noted, in a different message. Also on Friday, Zelensky stated to media outlets he would urge Sir Keir to participate in the weapons procurement program, under which alliance members buy weapons from the United States to donate to the Ukrainian forces. While applauding the UK's strong support for Ukraine, he remarked it should demonstrate clearly that it would take part in the initiative, as well as enforce more measures on Russia. Major Russian Strikes Cause Outages in the Capital and Nationwide Conflict in Ukraine French Republic Federal Republic of Germany Russia Ukraine