Unlocking Russian Assets for Ukraine's Defense: A Potential Game-Changer?
Unlocking Russian Assets for Ukraine's Defense: A Potential Game-Changer?
What's at Stake?
You're probably wondering how the EU plans to support Ukraine's defense against Russia's aggression.
The answer lies in Russia's frozen assets**.
Key Points:
The EU proposes using Russia's frozen assets to fund a €140bn loan for Ukraine
The loan would be secured on Russia's Central Bank assets, frozen due to EU sanctions
Ukraine would repay the loan using theoretical compensation from Russia once the war is over
Will it Happen?
The plan is still being discussed, but EU leaders are expected to back the idea.
However, there are concerns about the legal and technical implications**.