Bloomberg: EU considers ways to use Russian assets to help Ukraine

The European Union studies “more aggressive” ways of confiscation of frozen assets of the Central Bank of Russia in an attempt to provide financial and military support of Ukraine – the publication reports that Bloomberg With reference to their interlocutors, acquaintances with the course of negotiations.

According to the publication, EU officials discuss how assets can be used as a pledge by the future International Claim Commission, which will determine the compensation of Ukraine. The assets can then be arrested if Moscow refuses to compensate for the losses.

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The cost of confiscated assets will be compensated by Russia’s liabilities to compensate for losses in a potential peace agreement, said sources that were spoken with journalists on anonymity.

At the time of publication, the European Commission did not respond to Bloomberg’s request for comment.

The other day the Polish Prime Minister Donald Tusk has recently stated that The European Union should strengthen its defense funding and use Russian assets to assist Ukraine.

Also read: Reuters: The Russian Federation can agree to the use of frozen $ 300 billion under a possible peace agreement but there is a condition

In January Prime Minister Denis Shmigal reported that Ukraine has received 3 billion euros from the European Union within the limits of the “extraordinary credit to support Ukraine” initiative.

Schmigal reminded that ERA is the initiative of the Seven Group and provides for $ 50 billion in Ukraine, of which 20 billion provides the European Union.