Revenues from frozen assets of the Russian Federation will be sent for funding for assistance to Ukraine - the EU statement

In the form of irreversible support will be transferred € 17 billion in 50 planned, and € 33 billion will be given as a loan. The EU Summit has approved the European Commission's proposal to finance Ukraine's assistance to use income from frozen assets of the Russian Federation. The text of the summit decision to reconcile the long -term financial program for Ukraine with € 50 billion was published by the European Council.

The European Council emphasizes the need to provide, together with partners, stable, predictable and sustainable financial support for Ukraine for the period 2024-2027. In order to promote the restoration, reconstruction and modernization of the country, to promote social cohesion and gradual integration into the EU, for a possible future EU membership. A € 33 billion will be given a loan in the form of irreversible support.

Revenues can be received in accordance with the relevant legal acts of the European Union. They regulate the use of extraordinary income of private legal entities received directly from the immobilized assets of the Central Bank of Russia. In order to optimize the use of available funds, unused liabilities and payments on this tool will be automatically transferred to the next year.

The European Council emphasizes the need to strengthen Ukraine's liability for its efforts to restore and reconstruct and reconstruct the plan. The EU Foreign Ministers, according to Bloomberg on January 23, agreed to start the introduction of tax on unforeseen profits from frozen assets of the Russian Federation. This plan can be discussed with the Ambassadors of the Bloc Member States. The Allies of Ukraine as a whole agree that Russia has to pay for the losses caused by war.

The EU, the Great Seven countries and Australia have decided to freeze about 260 billion euros ($ 283 billion) of the Russian Central Bank's assets in the form of cash and securities. On February 1, Oleg Ustenko, Economic Advisor to President Vladimir Zelensky, said that Russia should pay Ukraine more than $ 700 billion to Ukraine. According to him, if you add indirect losses, the amount may exceed 1 trillion.