The USA supports the EU plan for frozen Russian assets: details of the decision

According to hvylya.net: The European Commission proposed a plan that allows the governments of EU countries to use up to 185 billion euros (217 billion dollars) - most of the 210 billion euros of frozen Russian sovereign assets currently in Europe. Importantly, the assets will not be confiscated but used through another mechanism. Such support from Washington comes amid attempts by the West to increase pressure on Moscow and provide additional financial assistance to Ukraine in countering Russian aggression.

The USA fully supports the European Union's plan to use frozen Russian assets as a tool to support Ukraine and end the war with Russia, reports Reuters citing an American source familiar with the situation.

With the help of frozen Russian assets, the EU and the USA are expanding ways to support Ukraine and tighten the screws on Russian aggression. Governments of EU countries are allowed to use a significant amount of money from these assets to help secure a peaceful resolution to the conflict in eastern Ukraine.