The value of these possessions can be used to supply European defense projects and military assistance in Ukraine, the Spanish Ministry of Economics said.
Spanish economic minister Carlos Kuerpo has suggested to create a fund using funds from frozen properties of the central bank of the Russian Federation. Thus, it is possible to supply major European defense projects and military assistance to Ukraine in Ukraine. This is reported by the information agency Bloomberg.
“It’s time for European unity to support Ukraine and countries near the eastern European border,” Kuerpo said.
According to him, European countries need to invest together in defense, which is a real public goodness, which “benefits our citizens and strengthens our economic security.”
The filling of the new fund proposed by Spain will take place at the expense of Russian property that frozen Europe at $ 227 billion, mainly stored in the Euroclear Depository in Brussels. These include military assistance in Ukraine can be funded.
The EU will need to find additional options for correcting many years of underfunding defense.
However, some countries, including Germany and Belgium, continue to contradict the idea of using frozen Russian owners.
Remember that by the end of February, the Reuters News Agency, citing resources, said Russia could have agreed to use $ 300 billion -freeing in Europe to restore Ukraine, but provided that some of this money would spend the restoration of subjugated territories.
The EU could not confiscate frozen possessions of Russia – Media
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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.