How to fund Ukraine when the cash runs out next year: Are Russian assets a solution?

All events

Mon

Sep 28, 2026

15:00 - 16:15

In Person

In-person participation

Location: Rue du Trône 14-16, 1000 Brussels Venue: European Policy Centre

While the European Union remains the biggest source of funding, estimates indicate that Kyiv will exhaust its cash reserves well before the end of 2027. This dialogue will discuss the efforts undertaken by the EU and the international community to support Ukraine to date and explore possible solutions for deploying the €210 billion of immobilised Russian sovereign assets currently in the EU.

The discussion will focus specifically on “The Russian Transfer”, a proposal to move custody of these immobilised accounts to the EU itself. The panelists will critically examine the legal basis of the proposed transfer, whether it satisfies Belgium's concerns, and the practical options for using the funds to support Ukraine once the EU takes custody.

This event welcomes the participation of EPC members, media and EU officials.

For media enquiries, please contact media@epc.eu.

For other queries, please contact events@epc.eu.

In-person participation

Moderator Speakers

Amanda Paul

Moderator

Senior Policy Analyst & Deputy Head of Programme, European Policy Centre

Fabian Zuleeg

Speaker

Chief Executive Officer, European Policy Centre

Hugo Dixon

Speaker

Financial journalist & Commentator

Minister of Finance of Ukraine

Europe in the World

The Europe in the World (EiW) Programme scrutinises the impact of a changing international system on Europe and probes how the EU and its member states can advance their interests and values on a regional and global level. It examines the EU’s relations with both major and middle powers around the world, and how Europe can continue to contribute to a rules-based global order. Secondly, the Programme focuses on the role of the EU in fostering reform, resilience and stability in neighbouring regions and looks closely at developments in Turkey and Ukraine, among other countries. Thirdly, the Programme examines and seeks to advance the development of Europe’s security and defence policy.

Details