EU Transfers €1.5 Billion in Seized Russian Assets to Support Ukraine's Defense and Reconstruction
The European Commission has announced a significant financial move aimed at bolstering Ukraine's defense efforts and reconstruction amid ongoing conflict. President Ursula von der Leyen revealed the transfer of €1.5 billion from immobilized Russian assets to a special peace fund. This fund will compensate EU nations for the military aid they have provided to Ukraine.
Von der Leyen emphasized the symbolic nature of using Kremlin funds to enhance security across Europe, stating, "There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live."
The funds will not go directly to Ukraine but will instead be channeled through the peace fund to ensure proper allocation and accountability.
#eu #ukraine #russia
Ghost of Truth
npub1sc…pzprv
2024-07-26 10:00:49
Author Public Key
npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprvPublished at
2024-07-26 10:00:49Event JSON
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"content": "EU Transfers €1.5 Billion in Seized Russian Assets to Support Ukraine's Defense and Reconstruction\n\nThe European Commission has announced a significant financial move aimed at bolstering Ukraine's defense efforts and reconstruction amid ongoing conflict. President Ursula von der Leyen revealed the transfer of €1.5 billion from immobilized Russian assets to a special peace fund. This fund will compensate EU nations for the military aid they have provided to Ukraine.\n\nVon der Leyen emphasized the symbolic nature of using Kremlin funds to enhance security across Europe, stating, \"There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live.\"\n\nThe funds will not go directly to Ukraine but will instead be channeled through the peace fund to ensure proper allocation and accountability.\n\n#eu #ukraine #russia",
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