Shultz: We buy weapons for Ukraine with the profits of Russia’s frozen assets
| Germany's chancellor says that EU countries plan to use profits from frozen Russian assets in Europe to finance the purchase of weapons for Kiev. |
report Mehr News Agency quoted by Tass, German Chancellor Olaf Schultz announced the decision of the European Union countries to use the profits from Russia’s blocked assets in the Green Continent to buy weapons for Ukraine.
Schultz said at a joint press conference in Berlin with French President Emmanuel Macron and Polish Prime Minister Donald Tusk: We are aware of the huge profits from frozen Russian assets. In Europe, we will use it for financial support and purchase of weapons for Ukraine.
He added: And all three of us will meet next week and discuss this issue with our European partners in the Council of Europe.
The Financial Times reported on March 11 that the European Union may return two or three billion dollars in profits from frozen Russian assets in the Euroclear investment company in July 2024. Ukraine to transfer.
Participants at the European Union summit on February 1, with the European Commission’s proposal to use the proceeds from frozen Russian assets to finance part of the EU’s 50 billion closed budget They agreed for Ukraine until 2027.
