Ukraine: The plan to arm Kyiv using Russian money • FRANCE 24 English
Weapons could be bought for Ukraine thanks to Russian money under a new proposal by the European commission that would see the profits generated from Frozen Russian assets passed on to ke if and when the European member states approve the measure I hope that we can reach an agreement soon and change back notes
Into weapons Because You Soldiers don’t fight with bank notes they need physical arms they need physical instruments in order to defend your people some 210 billion EUR of Russian Central Bank assets were frozen after Moscow invaded Ukraine in 2022 now the assets are held in various currencies in the 27 Nation EU block
While the exact amount Ukraine will receive will depend on global interest rates early figures suggest it will be around 2.5 to3 billion EUR per year 90% of which will be managed by the European peace facility to buy arms the remainder will go to recovery and reconstruction the Ukrainian prime
Minister expressed his gratitude and also asked for more we insist on the full confiscation of other or other use of all frozen assets I mean body of Frozen Russian assets Europe and the world need an effective precedent for making the aggressor pay a heavy price for the destruction it has caused in
Ukraine meanwhile the Russian foreign Ministry spokeswoman labeled the move as direct bandism and theft and claimed that it would be an unprecedented violation of fundamental norms
European Union leaders arrived at a summit on Thursday to discuss whether to use billions of euros in profits from frozen Russian financial assets to buy arms for Ukraine as they try to bolster Kyiv in its fight against Moscow’s invasion.
#Russia #Ukraine #EU
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26 comments
Do that, bank in other country’s bank can use more business
?The Islamic terrorists of the Gaza Strip and Lebanon must immediately lay down their arms and face justice, but they continue to commit crimes, as a result of which the war in the Middle East continues and people are dying. Given the spread of Islamism around the world, Islamic terrorism poses a global threat to Humanity. As a result of the failed domestic and foreign policy of the United States, the world is heading into chaos (a war of all against all), which poses a threat to US security. The United States itself is on the verge of a civil war. Unwilling to work, millions of migrants have flooded the country, which has placed a heavy burden on American taxpayers, causing a drop in living standards and social tensions. Biden is the worst president in U.S. history. The Democratic Party is the worst party in the USA.?
Putins now funding both sides of his war
Well, the rest of the world will learn from the EU and confiscate assets owned by EU countries or corporation for what the EU countries did to Libya, Serbia, Afghanistan, etc. 😅😅
Vietnam and Afghanistan defeated America without using American money.
A new business model has begun, the pandora box of war economy.
if u think about it it could be taken a theft
Europe is it's worse enemy 🤦🏽♂️take those funds and watch foreign money in your banks vanish😂which dumb country will want to keep their assets in a place where anytime it could be confiscated because they feel like it🤦🏽♂️
The gangsters at it again, stealing here and there
Why has it taken this long just to get to this point – by now they should have already spend billions of it on weapons and ammunition
Great idea. "A violation of fundamental norms."? Like what is invading a democratic country then, huh Russia? Take his oligarchs money and assets to buy Ukraine weapons. They won't be so chummy with Putin then.
Imagine what consequences the decision to confiscate someone's money will have on other customers (foreign countries) in those banks. One more "Pandora´s Box" opened by the West.
Now why would any country like to keep their central bank reserves in Euros or dollars
While Putin bets everything on war, Europe only gets involved to appear in the victory photo.
The lesson to other countries will be to never invest in the EU.
Yeah, this is going to bring Russia to the diplomacy table for peace talks.
Feel free to. Even taking it all instead of just the interest. Russia's debt to Ukraine, many trillions more. Yes it undermines norms, but to come back to a break even will need Russia to pay trillions more eventually. Nobody can call the destructions the Russians started good norms. Money isn't our problem though. So with or without this step. We can make it anyway. Problem now is more getting productions of ammo on par. Also for that we have money enough…now to setup larger facillities more the key issue. So … why take the interest on assets of Russians? We don't need it so to me seems a pointless discussion.
Some money, about 1 Billion per year for military, in 4 years.
A lot of noise for not that much money out of 300 Billion of Russian money, or supposedly 27 Billion per 4 years.
Russia will just seize everything they can grab from Europe.
🤣🤣🤣🤣🤣🤣🇺🇦🇺🇦
Ukraine has lost most of its young men on battlefield. Who will use these?
Russia must pay for war they started!!!
No discussion!!!
This is turning into new normal since Russia invaded Ukraine since annexed Crimea !
You must stop if you don’t want that spread around the world because Russia hates developing countries and wants to bring them back in time!!!
He is mental and he must be stopped and money is to realise that he must pay for damage that he caused as Germany paid for Hitler Russia must pay for Putin!!!
No excuses no talking!!! You have the way Germany pays so just implement it in to your system of today because it’s not about Ukraine it’s about new world order of Putin!!! Are you ready to be under his control??? Are you ready to become Russian because it’s what he wants that everyone is Russian as Russia has no borders!!!
It’s not going to happen but it’s maniac and his brainwashed zombies are the reason for chaos in your country!!!
if this was being done by professionals you typically wait for negotiations to discuss such things but we dont have professional leaders in the west. we have entitled children playing at war.
Osama Bin Laden traded honey. What can we call those people who, after his terrorist acts, after numerous victims, would continue to trade with him and would lobby for this trade?
Why don't they speak about GAZA?
If and when !!