Von der Leyen: €210 Billion in Russian Assets to Be Allocated to Kyiv
European Commission President Ursula von der Leyen announced that €210 billion in frozen Russian assets would be used to provide compensation loans to Ukraine. The proposal requires all EU member states to participate in guaranteeing Belgium should the assets be utilized.
According to the International Desk of Webangah News Agency, European Commission President Ursula von der Leyen stated that Ukraine will receive compensation loans funded by €210 billion in frozen Russian assets. Speaking on Wednesday, Von der Leyen outlined the proposal, which mandates that all European Union member states contribute to guaranteeing Belgium if the frozen assets are tapped.
According to RIA Novosti, the loan mechanism involves a specific framework for utilizing the Russian assets to aid Kyiv.
© Webangah News Agency,
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