PACE Urges Billions in Ukraine Compensation from Seized Russian Assets

The Council of Europe's Parliamentary Assembly (PACE) has called for using Russian state property to compensate Ukraine per ECHR rulings, signaling a formal institutional push to redirect frozen Russian assets. This follows earlier G7 and EU discussions on asset seizures, but PACE's explicit linkage to ECHR judgments adds a legal dimension. The proposal faces legal and political hurdles, and its implementation remains uncertain.