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The EU prepares a procedure for moving to Ukraine 200 Billion Euro of Russian assets – Media

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The scheme does not provide for the immediate confiscation of properties, that most EU countries oppose legal and financial risks.

The European Commission forms a mechanism that translates nearly 200 billion euros of frozen Russian owners for the restoration of Ukraine after the war. Politico reported it.

Brussels reviews the readiness of national governments to transfer these funds to more risky investment that may bring to further income of Ukraine and increase pressure in Russia, which refuses to end battle operations.

European Commission President Ursula Von Der Layen emphasized that the work of using frozen Russian ownership continues, and these resources should contribute to Ukraine’s defense and restoration.

The scheme does not provide for the immediate confiscation of properties, that most EU countries oppose legal and financial risks.

The end of the discussion was the Saturday’s 27 EU Foreign Minister meeting in Copenhagen, where this proposal would be discussed for the first time.

In the European Commission, this idea was promoted by the Commissioner for Economics Valdis Dombrovskis and foreign policy leader Kai Callas.

Some countries, especially the Baltic states, promote complete confiscation of properties, but this option has been blocked by many European governments.

In 2024, the G7 countries came to send to the Ukraine 45 billion euro from frozen properties, which left the properties themselves failed.

The European Commission also considers the creation of a special target fund in the European stability mechanism mechanism. This structure will prevent a veto from individual countries, in particular Hungary, which may hinder the expansion of sanctions against the Russian Federation.

Meanwhile.

Earlier it was reported that the European Union was a full -fledged 1.9 billion euros for military support from Ukraine from frozen ownership of the Russian Federation. The rest of the money will go to the purchase of artillery and ammunition and strengthen the air defense in Ukrainian.

The EU has moved € 1 billion from income from the possessions of the Russian Federation to the Ukraine Defense Industry

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Source: korrespondent

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