The EU reached a consensus on the use of 90% of the income from the assets of the Russian Federation to help Ukraine, – Scholz

Kateryna Chernoval23:17, 05/06/24

It is noted that there is no obligation to purchase weapons for Ukrainian troops exclusively in Europe.

In Europe, an agreement was reached on the use of about 90% of the income received from Russian assets frozen in the European Union, for the purchase of weapons for Ukraine. German Chancellor Olaf Scholz made such a statement .

“It is important that we also agree that this money can be used for the purchase of weapons not only in the EU, but also for purchases throughout the world,”  Reuters quoted him as saying after a meeting with members of the governments of the three Baltic states in Riga .

It is noted that there is no obligation to purchase weapons exclusively in Europe.

“Because in fact the most important thing now is to deliver weapons quickly, and not when a new factory will be built,” Scholz emphasized.

The agency recalled that back in March, the EU’s top representative for foreign policy, Josep Borrell, made a proposal to transfer 90% of the income from Russian assets frozen in Europe to the EU fund, which finances the purchase of weapons for Ukraine.

About 70% of all Russian assets frozen in the West are stored in the central securities depository Euroclear in Belgium. He holds the equivalent of 190 billion euros in Russian Central Bank securities and cash.

(C)UNIAN 2024

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