🔗 Share this article UK Prepared to Utilize Seized Russia's Assets to Finance the Ukrainian Military Campaign The United Kingdom is ready to advance with employing the full worth of seized Russia's holdings to support Ukraine's defense operations, PM Sir Keir Starmer has stated. In a joint statement, the heads of state of the UK, the French Republic, and Germany stated that this coordinated action would heighten pressure on Russia's leader Vladimir Putin and urge Moscow to come to the table. They further noted that the initiative would be carried out in tight collaboration with the America. United Kingdom penalties have frozen over £25bn of Russian assets since the Russian government launched its comprehensive attack against the Ukrainian nation in 2022. Yet, until now, funds allocated to the Ukrainian government using Russian funds had exclusively been taken from profits and interest generated on them. Sir Keir told Ukrainian President Volodymyr Zelensky that the UK, the French Republic, and the Federal Republic of Germany were in agreement in their aim to advance efforts toward employing the full value of the seized Moscow's national holdings to conclude the conflict. He noted that further restrictions in the coming days and weeks would increase the strain on the Russian government. This announcement comes after EU officials met in Copenhagen previously to debate employing seized Russia's funds for a 140-billion-euro credit to Ukraine. Recently, American leader Donald Trump called on G7 allies to take or otherwise use frozen Russian assets, based on media sources. The value of frozen Russia's funds in the EU is calculated to be nearly €211bn. Leader Zelensky calls on Britain's Sir Keir Starmer to take part in the PURL program Russia executed large-scale missile and drone strikes across Ukraine on recently, resulting in power cuts in many areas of Ukraine's capital, the city, and several other zones. Two people were lost their lives and a minimum of 20 people were hurt in the strike, the Ukrainian government reported. In a message on social media after the strike, Zelensky commented that the premeditated assault targeted civilian and energy infrastructure. "What's needed is not mere statements but concrete steps - from the US, the European Union, and the G7 - in supplying anti-aircraft weapons and applying restrictions," he stated. "Each restrictive measure weakens the Russian war effort," Zelensky wrote, in a different message. In the same period, Zelensky stated to reporters he would press Sir Keir to enter the Purl scheme, under which Nato countries buy arms from the America to donate to Ukraine. While applauding the UK's strong support for Kyiv, he remarked it should send a clear signal that it would engage in the program, as well as enforce further sanctions on the Russian Federation. Significant Attacks Disrupt Electricity in the Capital and Throughout the Nation Ukraine War France Federal Republic of Germany Russian Federation Ukrainian Nation