The group formed in February will meet in Brussels next week. He will consider the possibility of transferring Russian assets frozen in the EU to Kyiv.
An EU working group will meet in Brussels next week to consider using Russian fixed assets to rebuild Ukraine. On Friday, March 24, the New York Times reports.
It was noted that in the West there is growing support for the idea of forced withdrawal of money from Russia for the restoration of Ukraine. The World Bank estimates the damage caused by the war in the country at $411 billion.
Last year, Western banks froze about $300 billion of Russian central bank assets and also froze large amounts of Russian private currency.
“In principle, everything is clear: Russia must pay for the restoration of Ukraine,” said Swedish Prime Minister Ulf Kristersson, who heads the EU Council. At the same time, according to him, the implementation of this principle in practice is associated with some difficulties.
“This must be done in accordance with EU and international law, and there is no direct model for this at the moment,” he said.
An EU working group to look into this issue was set up last month at the urging of a group of Eastern European and Baltic countries.
Earlier it was reported that Ukraine is developing a mechanism for paying reparations with partners.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.