Ukraine – Katarina Maternova, the European Union Ambassador in Kiev, said that the Union may provide Ukraine with the first financial transfer from the proceeds of Russian assets frozen in the Union countries by the end of the year.
She added in a television interview: “I really hope that this year we will be able to provide Ukraine with the interest earned (from the frozen Russian assets). The talk is not regarding the assets themselves, but rather regarding the returns from these funds. The current estimate of these revenues is €3 billion. “There are already proposals in this regard, and European Union member states are discussing them.”
According to her, the European Union has already provided Kiev with financial assistance worth 100 billion euros and allocated more than another 30 billion euros to support the Ukrainian armed forces.
The European Union, the United States, Japan and Canada froze Russia’s assets worth regarding $300 billion following the start of the special military operation in Ukraine. Of this amount, regarding $5 to $6 billion is in the United States, while most of it is in Europe, including the Euroclear international platform in Belgium (regarding $204 billion).
After freezing these assets, Western countries began talking regarding confiscating them for the benefit of Ukraine, and Moscow repeatedly stressed that such a step contravenes international law, and that it would entail an appropriate response from Russia.
Source: TASS
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2024-05-05 03:39:03
