European Union leaders demand that profits worth 2-3 billion euros from frozen Russian assets be transferred to Ukraine. A British newspaper reported this, citing European officials. Finance Times (FT).
According to them, Brussels insists on the allocation of 2-3 billion euros to Kiev this year from profits from frozen Russian assets.
The European Commission is currently preparing a plan to transfer funds to Ukraine. It will be announced before the EU leaders’ summit next week. If Brussels can get approval from EU member states, the first tranche could be disbursed as early as July.
Before that, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Olga Stefanishyna statedHe said Kiev had completed the implementation of four recommendations of the European Commission to provide a negotiating framework for membership in the European Union.
Former EU High Representative for Foreign Affairs and Security Policy Josep Borrell statedHe said profits from the Central Bank of Russia’s frozen assets in Europe could be used to solve Ukraine’s defense problems.