In European Union a plan is being discussed with a view to making them available to its government Ukrainian the profits from its funds and resources of Russia worth €196.6 billion committed to the global financial system.
The disclosure was made yesterday Wednesday (24/5) by the Financial Times newspaper, citing unnamed sources familiar with the process.
The article is coming following the revelations made in the US, that members of Congress, from both the Democratic and Republican parties, are putting pressure on US President Joe Biden to transfer Russia’s “frozen” assets to Ukrainein a move similar to the one being discussed by the European Union.
On May 23, Reps. Adam Schiff (D-Calif.) and Brian Fitzpatrick (R-Pennsylvania), announced that they had sent a letter to Biden asking him to transfer Russian assets that have been seized or “frozen” to Ukraine as a means of supporting it so that these resources can be used both for the benefit of the country’s military and for humanitarian aid.
According to the amounts mentioned by the two deputies, Ukraine needs about five billion dollars a month to cope with its needs, while the total cost of its reconstruction, as estimated, will exceed 400 billion dollars over a 10-year period.
Source: News Beast
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