US EditionUkraine: Zelenskyy Calls Europe to Use Russian Assets to Fund War
Zelenskiy urged EU leaders to use $250 billion in frozen Russian assets to fund a loan for Ukraine and deter Russia's continued war effort, ahead of a key EU summit.
- On Dec 17, Zelenskiy urged EU allies to decide on using nearly $250 billion of frozen Russian assets in Belgium's Euroclear to support Ukraine, calling on partners to act so Russia's war becomes `pointless`.
- During a December 16 visit to The Hague, Zelenskiy addressed the Dutch House of Representatives, while EU governments agreed last week to keep Moscow's frozen assets frozen indefinitely.
- Signals from Moscow point to continued military intent, as Zelenskiy said Russia’s actions show it intends to fight next year despite differing official orders to its army.
- Zelenskiy urged his partners to `have the courage to see the truth, acknowledge the truth and act accordingly`, saying `the outcome of these meetings — the outcome for Europe — must be such that Russia feels that its desire to continue fighting next year will be pointless`, Zelenskiy said in his evening address.
- Legal exposure worries and Kremlin threats shape the political calculus, as some European leaders oppose repurposing frozen assets fearing legal risk and President Vladimir Putin vows more land seizures.
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29 Articles
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The Last RefugeEU Desperate to Find a Way to Use Frozen Russian Assets to Fund Ukraine
from The Conservative Treehouse: Volodymyr Zelenskyy is huddled with European Leaders at the European Council meeting in Brussels. The key effort by the assembly is how to use frozen Russian assets to give money to Ukraine. The EU itself does not want to lend Ukraine money directly because people within each nation of the EU […]
Zelenskyy urges EU leaders to release frozen Russian assets
Ukrainian President Volodymyr Zelenskyy urged EU leaders to reach a deal at a fraught summit on Thursday, where the group was trying to overcome differences on whether to use frozen Russian assets to finance Ukraine's war effort.
Ukraine needs a lot of money in the next two years. The use of frozen Russian assets could be remedyed. Head of State Selenskyi strongly warns that his country will probably not survive otherwise - and Russia will provide bloodshed in Europe.
The President of Ukraine, Vladimir Zelensky, said on Thursday that the failure of European Union (EU) leaders to agree on a plan to use frozen Russian assets to support Ukraine would be a serious test for his country, devastated by war.
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