To advance discussions on the possibility of using reimgs of the Russian central bank which have been committed, worth about 300 billion euros, for the reconstruction of Ukrainian urges the heads of state and government of the 27 European Council president Charles Michel.
In an interview published today, Monday (23/1) by the Financial Times, Mr Charles Michel explains how wants to explore the idea of leveraging Russian central bank funds to secure profitswhich will then be allocated to the reconstruction of damaged Ukrainian infrastructure.
The president of the European Council also, according to the Athens News Agency, speaks in the interview about the issue of justice and adds that the plan should be implemented in compliance with legal principles.
The EU froze 300 billion euros worth of Russian central bank funds in November as part of Brussels’ punitive measures against Moscow over the Russian military’s invasion of Ukrainian territory on February 24, 2022.
Source: News Beast
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