US proposes unfreezing Russian assets for peace deal, Europe rejects

The US has proposed using frozen Russian assets as part of a peace agreement, including transferring some funds to a Washington-controlled fund, but European officials have rejected the initiative. The proposal was discussed last week at a Miami meeting involving the Trump team, Ukraine, France, Germany, the UK, the EU, and NATO. It was presented by Steve Witkoff and Jared Kushner, though European representatives declined the plan. The idea has raised concerns in European capitals and Kyiv about Washington's intentions and its approach to pressuring Moscow. European officials made clear they would not consider such a scenario, according to sources cited by the Financial Times.