PACE proposes using frozen Russian assets to compensate Ukraine

RussiaUkraineCanada

First seen: Sep 9, 2026, 6:16 PM UTCUpdated: Sep 9, 2026, 7:16 PM UTC

WHAT HAPPENED

The Parliamentary Assembly of the Council of Europe has proposed using frozen Russian assets to compensate Ukraine. Ukrainian and Canadian foreign ministers also discussed peace efforts and pressure on Russia.

SO WHAT?

Use of frozen sovereign assets could deepen confrontation over Russia’s finances and shape future Ukraine compensation mechanisms.

FOR ME

Impact on Switzerland

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MARKETS

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COVERAGE

Reports behind this event

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Ukrainian, Canadian FMs discuss peace process, pressure on Russia, use of frozen assets

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PACE proposes using frozen Russian assets to compensate Ukraine

Sep 9, 2026, 6:16 PM UTC