EU AGREES ON USING PROFITS FROM RUSSIAN ASSETS FOR UKRAINE

EU member states reached agreement “in principle” Wednesday on a plan to use the profits from frozen Russian central bank assets to arm Ukraine, officials said.

“The money will serve to support Ukraine’s recovery and military defence in the context of the Russian aggression,” Belgium, which holds the EU’s rotating presidency, posted on X following a meeting of EU ambassadors.

“There could be no stronger symbol and no greater use for that money than to make Ukraine and all of Europe a safer place to live,” added EU Commission chief Ursula von der Leyen.

2024-05-08T14:57:22Z dg43tfdfdgfd