France, Germany, Italy, Spain and the head of the European Commission, Ursula von der Leyen, opposed the transfer of frozen Russian assets to Ukraine.

Axar.az informs that ciing Politico.

"The camp opposing [the transfer of frozen assets of the Russian Federation to Ukraine] includes major players: France, Germany, Italy, Spain and European Commission President Ursula von der Leyen - they fear that the confiscation of these funds will scare away foreign investors from the EU," the article explained.

According to an unnamed European diplomat, the transfer of frozen Russian assets to Kyiv will also prevent the EU from using them as a bargaining chip in the framework of negotiations on Ukraine.

The source added that if the Russian Federation wants to get its funds back, it must "give something in return."

Another unnamed European diplomat pointed out that many in the EU oppose the confiscation of Russian assets, as they want to direct these funds to the reconstruction of Ukraine.