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Russia may be forced to pay: the EU prepares a new decision on frozen assets

The European Union is preparing a new decision on assets
ЄС готує нову ініціативу щодо заморожених активів Росії, що може призвести до фінансових наслідків для країни. Photo: hvylya.net

The EU is preparing to discuss the fate of Russian assets

According to hvylya.net: The European Union is preparing to discuss the fate of frozen Russian assets. At the end of August, foreign ministers of EU countries will gather for an informal meeting to raise this issue again.

This information was disseminated by the spokesperson of the European Commission, Anuar El Anuni, at a briefing in Brussels. The European Commission emphasizes that the EU remains committed to the principle that Russia must be held accountable for its war against Ukraine.

It is planned to discuss the use of revenues from blocked Russian assets to support Ukraine in a 'Gymnich' format. The European Union has already allocated 3.6 billion euros in revenue from frozen assets to support Ukraine. For example, in May, Kyiv received 2.1 billion euros for defense and the Ukrainian defense industry.

Russia must pay for all the destruction it has caused in Ukraine. - Kaia Kallas, head of European diplomacy

The EU has also promised to help Ukraine close its budget deficit. The issue of Russian assets remains important in relations between the European Union and Russia.

The European Union is preparing to discuss the fate of Russian assets and the possibility of using them to support Ukraine. Recommendations on this issue will be considered at the ministerial meeting of EU countries, where Russia's responsibility for the conflict in eastern Ukraine will be emphasized. This continues to be one of the key issues in relations between the European Union and Russia.

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