🔗 Share this article UK Set to Use Frozen Russia's Holdings to Finance the Ukrainian Military Campaign The UK is ready to advance with using the total value of seized Russia's holdings to support the Ukrainian military campaign, Prime Minister Sir Keir Starmer has declared. In a joint statement, the leaders of the Britain, the French Republic, and Germany asserted that this unified step would increase strain on Russia's leader Vladimir Putin and compel Moscow to come to the table. They clarified that the move would be executed in tight collaboration with the America. UK sanctions have immobilized over £25bn of Russian assets since the Russian government launched its full-scale invasion against the Ukrainian nation in 2022. Yet, previously, money provided to the Ukrainian government using Russian funds had only been taken from gains and dividends accrued on them. Sir Keir told Ukraine's leader Volodymyr Zelensky that the UK, France, and the Federal Republic of Germany were in agreement in their goal to push forward toward using the complete amount of the immobilized Russia's state funds to end the war. He stated that more measures in the coming days and weeks would heighten the tension on the Russian government. This announcement is subsequent to EU leaders met in the Danish capital recently to discuss utilizing seized Russian funds for a €140 billion financial aid to Ukraine. In the previous month, President Donald Trump encouraged G7 allies to take or otherwise use frozen Russian assets, as reported by news outlets. The worth of immobilized Russian assets in the European Union is calculated to be almost €211bn. President Zelensky calls on UK's Sir Keir Starmer to participate in the PURL programme Russia executed widespread bombardments throughout Ukraine on recently, resulting in electricity outages in large parts of Kyiv, Kyiv, and eight other regions. Two people were killed and at least 20 people were wounded in the strike, authorities in Ukraine said. In a update on X subsequent to the incident, Zelensky wrote that the premeditated assault focused on non-military and power facilities. "What's needed is not empty words but concrete steps - from the United States, Europe, and the Group of Seven - in supplying air defence systems and enforcing sanctions," he emphasized. "All penalty impositions weakens the Russian war effort," Zelensky declared, in a different message. Also on Friday, Zelensky told media outlets he would urge Sir Keir to join the weapons procurement programme, under which partner nations buy weapons from the America to give to Ukraine. While commending the United Kingdom's firm backing for Kyiv, he remarked it should send a clear signal that it would engage in the system, as well as apply additional measures on Russia. Significant Attacks Cut Power in the Capital and Nationwide War in Ukraine French Republic Germany Russian Federation Ukrainian Nation