Freezing and confiscating are very different things. The EU have very deliberately avoided actually confiscating Russia's money. It is sill there, and (much to

Freezing and confiscating are very different things. The EU have very deliberately avoided actually confiscating Russia's money. It is sill there, and (much to the annoyance of those who do want to actually confiscate it) Russia can have it back as soon as they stop their illegal invasion of Ukraine. Closest the EU got to actually confiscating that money is, in fact, a loan such that if the peace agreement fails to include reparations then EU nations cover the loan but everyone's hoping Russia agrees to reparations so they don't need to.