Very powerful message: in the EU told how the assets of the Russian Federation can work in support of Ukraine

According to the Chairman of the European Council Charles Michel, it will be fair if at least some of these assets go to support Ukraine. The European Union is now looking for legal routes to direct the frozen assets of the Russian Federation in favor of Ukraine. This was stated during a briefing by the President of the European Council Charles Michel, NV reports. According to the European policy, it will be fair if at least some of these assets go to support Ukraine.

The EU Supreme Representative and the European Commission have already ordered to make a legal proposal. "In total, it is an amount of € 300 billion in the world, of which 200 billion euros are within the EU. It would be the most realistic percentage of these frozen assets. And we work at the legal level," Michel said.

We will remind that in the Ministry of Justice on November 2 reported that the European Union agreed a plan for the use of frozen assets of the Russian Federation in favor of Ukraine. In order for this plan to become reality, the European Union will have to change the legislation. The European Commission plans to voice legal proposals in December 2023. "Accordingly, this liquidity can be used and can work and generate income.