In July, the European Union (EU) developed a bill that would make it possible to send proceeds from Russian assets frozen in the West to Ukraine. The agency reports that Bloomberg with a link to the document.
The proposals, which require the support of all EU countries, envisage introducing a tax on windfall profits from frozen reserves and using the resulting funds (about €3 billion) to finance arms supplies to Ukraine and “revitalize the country’s defense industry”.
According to the document, starting from February 15, part of the revenue will be transferred to the Ukrainian Facilities Support Fund as well as the European Peace Fund twice a year until the sanctions on Russia are lifted.
Before this, the head of EU diplomacy, Josep Borrell, said that the foreign ministers of the EU countries supported the idea It will spend the revenues from Russia’s frozen assets in tranches on Ukraine.
March 15, German Chancellor Olaf Scholz aforementioned Revenues from the assets of the Central Bank of Russia frozen in Europe can be used to purchase weapons for Ukraine.
Former Prime Minister of Ukraine made a statement about seized Russian assets.