“The British government is ready to transfer 8 billion pounds (over $10.6 billion) of frozen Russian assets to support Ukraine.”, — write: www.pravda.com.ua
illustrative photo: Getty Images Source: The Times citing sources
Details: The publication notes that the British government believes that Russian ruler Vladimir Putin is a threat to the citizens, security and prosperity of Great Britain.
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The newspaper also writes that these funds will cover more than two-thirds of Ukraine’s financial needs for the next two years, both for continuing defense in the war against Russia and for financing the country’s recovery in the event of a peace agreement.
As part of an international campaign to increase pressure on Putin, Britain is trying to agree with the European Union and other countries, including Canada, on the allocation of up to 100 billion pounds for Ukraine’s military needs.
We will remind:
- On December 3, the President of the European Commission, Ursula von der Leyen, announced two decisions regarding the financing of Ukraine in 2026-2027, one of which proposes to use funds from frozen Russian assets in the EU to provide Ukraine with a “reparation loan”.
- Even before the announcement of the new proposal, Belgium – on the territory of which the main part of the Rosactivs in the EU is kept and which is afraid of the legal consequences of the decision – called it categorically unacceptable.
- At the same time, other EU countries oppose Belgium’s provision of unlimited guarantees to unblock the loan to Ukraine.
Read also the article: The EU is looking for funds for Ukraine: what options can replace the reparation loan.