Belgium has created a fund to support Ukraine, to which it will transfer €1.7 billion using windfall profits on Russian frozen assets. The tax proceeds are used to support Ukraine. Half of the aid will be used for military support and the other half for civilian support.
Belgium has created a fund to support Ukraine, to which it will transfer €1.7 billion using windfall profits on Russian frozen assets. The tax proceeds are used to support Ukraine. Half of the aid will be used for military support and the other half for civilian support. pic.twitter.com/slH5xobdPH
— NOELREPORTS 🇪🇺 🇺🇦 (@NOELreports) November 8, 2023
by one_and_equal
5 comments
2.4, actually, 600+ million for 2023 and 1.7+ billion for 2024
[Reuters ](https://www.reuters.com/world/europe/belgium-expects-use-24-bln-tax-frozen-russian-assets-fund-ukraine-2023-10-11/)
This is pretty old news, but for some reason no one talked about it when it was breaking news. I guess no one believed Belgium could do *anything*… I sure didn’t
A nice precedent to actually begin the process of liquidating Russian assets.
good job belgium
You go Belgium!!!
This is the way.