Although the adoption of the REPO is a powerful signal, we can predict that the most realistic decisions on the future of Russian assets will be made at the June G7 summit in Brindisi, Italy.

In recent weeks, representatives of the Ukrainian authorities, including the President, regularly talk about the prospects of confiscating Russian assets and urge allies to make such decisions.

Ahead of the European Council meeting on 14-15 December, Foreign Minister Dmytro Kuleba spoke about four key decisions to be made by the European Union on Ukraine.