The European Council decided to move towards the use of windfall revenues from Russia's immobilized assets for the benefit of Ukraine, including the possibility of financing European military support for Kiev. This is highlighted in the conclusions of the European Council on Ukraine. During a press conference shortly after the end of the first day of the summit, European Commission President Ursula von der Leyen said the EU would likely be ready to disburse the first billion (euro) of profits from frozen Russian assets. data to support Ukraine already at the beginning of July. “There is indeed strong support for the use of surplus profits from frozen Russian assets for military purposes from Ukraine,” said Ursula von der Leyen. “I told the leaders that if we move quickly now to complete the proposal, we could disburse the first billion as early as July 1. So it's up to us,” she insisted […]
Source: News Beast
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