Ukraine war: New push by four EU countries: Russian billions for Ukraine
Ukraine needs more money in its defensive struggle against Russia. Now a controversial plan is back in play: the frozen Russian central bank billions are to finance Kiev.
Several EU countries are pushing to revive a plan to use frozen Russian central bank assets to fund Ukraine's defense against Russia. In a letter to EU foreign policy chief Kaja Kallas and the EU Commission, the foreign ministers of Sweden, the Netherlands, Spain, and Poland call for proposals to utilize Russia's immobilized assets for Ukraine's benefit.
The assets, worth around 200 billion euros, are mostly held by Belgium's Euroclear, and there are concerns about the potential risks and liabilities for EU member states. Belgium's Prime Minister Bart De Wever has warned of significant legal and financial risks for his country.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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