EU Moves to Approve Controversial Plan to Transfer Russian Assets to Ukraine – EUROP INFO
14 Articles
14 Articles
The Europeans have frozen some 210 billion euros in Russian money. What would be closer than supporting Ukraine? But this could prove to be very expensive.
The Independent newspaper The Kyiv says that Ukraine's international partners, including the EU, are closer to accepting that Russian frozen financial assets are used to buy weapons.
Belgian Prime Minister Bart De Wever opposes the Commission's plan to use Russian fixed assets to support Kiev.
The minimum text is formulated in vague terms in order to take into account the strong reserves of Belgium where the bulk of these Russian assets are located in Europe.
DEXYPTAGE - The Commission has devised a very sophisticated mechanism to mobilise Russian assets frozen in Belgium without confiscating them, in order to grant a "repair loan" of EUR 140 billion to Ukraine.
EU Moves to Approve Controversial Plan to Transfer Russian Assets to Ukraine – EUROP INFO
The European Union is moving forward with plans to endorse a controversial agreement that would transfer seized Russian assets to Ukraine, aiming to bolster Kyiv’s resources amid ongoing conflict. The deal, which has sparked debate among member states and legal experts, represents a significant and unprecedented step in the EU’s response to Russia’s invasion. As negotiations intensify, the bloc faces critical questions over the legality, politic…
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