“During a conversation with Ukrainian journalists, the head of EU diplomacy Kaya Callas said that the European Union is only focused on preparing a “reparation loan” for Ukraine based on frozen assets of Russia, and alternative financing scenarios for Kyiv are currently not considered.”, — write: www.pravda.com.ua
Kaya Callas, photo: Getty Images Source: “European Truth” with reference to “Radio Liberty”
Details: According to her, she always adheres to the position that it is necessary to focus on “plan A” – in this case, it is about financing Ukraine at the expense of the Rosactivs.
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Direct speech: “Because as soon as you start talking about ‘plan B’, it’s actually ‘plan B’ that’s being implemented. That’s why all the work is now on ‘plan A’, and we’re not even discussing other options.”
Details: The head of EU diplomacy noted that Belgium’s main concerns concern the distribution of risks and the financial burden in the event of launching a reparations mechanism. At the same time, Kallas believes that the European approach is capable of removing these risks.
Direct speech: “If they are afraid of pressure or they don’t like the level of risk, then actually the best option is the European approach, because then Belgium will simply follow the law – the European Union passes the law, and Belgium has to follow it,” she emphasized.
Details: Callas was also skeptical of possible Russian attempts to challenge the asset freeze through courts or arbitration. In her opinion, such steps are primarily aimed at increasing fears in Belgium, where a large part of Russian assets are concentrated.
What happened before:
- According to Politico, at the latest negotiations at the level of EU ambassadors on the use of Russian assets to finance Ukraine, Belgium said there was no progress towards a joint solution.
- As of Tuesday, the chancellor of Germany equally assessed the chances of passing and not passing the decision.
More on the topic in the article: The EU is looking for money for Kyiv. Why is Belgium “blocking” the financing of Ukraine at the expense of the assets of the Russian Federation