The media reported problems for Ukraine in the absence of a solution for the assets of the Russian Federation.

The lack of results at the European Union (EU) summit in Brussels on the transfer of frozen Russian assets to Ukraine will be a blow to Kiev. This was reported on October 23 by The New York Times (NYT).

"The leaders actually postponed a clear decision on the loan plan until December, which suggested that the process could take longer. This may be difficult news for Ukraine, which urgently needs money," the publication says.

It clarifies that such a step is an "adventure", since it can provoke retaliatory measures from the Russian side, as well as cause reputational damage to European states.

Critics of the plan warn that the use of Russian assets could cause other countries, such as China and India, to worry about placing their savings in European banks.

Emergency defrosting: EU wants to resolve the issue of Russian assets by the end of the year

With this money, they want to provide a "reparation loan" to Ukraine — why are they in such a hurry in Europe?

The head of the European Council, Antonio Costa, said at a press conference following the summit on October 23 that a final decision on the use of Russia's frozen assets to help Ukraine would be made in December, and the European Commission (EC) was tasked with resolving technical issues.

Russian Foreign Ministry spokeswoman Maria Zakharova said on October 23 that any actions by the European Union to confiscate Russian assets would be negligible and would entail a painful response. According to her, the Russian Federation will act within the framework of the principle of reciprocity in international relations, based on its own interests.

All important news is on the Izvestia channel in the MAX messenger.