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175 new news items in the last 24 hours
1 October 13:48

Kaja Kallas, head of EU diplomacy, emphasizes the need to use confiscated Russian assets to finance the reconstruction of Ukraine, although not all member states agree.

Liviu Brăteanu
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International
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At an informal summit, Kaja Kallas stated that the European Union is working to reach an agreement on the use of confiscated Russian assets, valued at 210 billion euros, to finance war reparations for Ukraine. While Ukraine and some member states, such as Poland and the Baltic countries, support the confiscation of these assets, France, Germany, and Belgium contest the legal basis of this measure, and other states are concerned about the impact on the European financial market.

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Şefa diplomaţiei europene: UE încearcă să ajungă cât mai rapid la un acord ce privește valorificarea activelor ruseşti pentru a finanţa reconstrucţia Ucrainei
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Kaja Kallas: Activele rusești înghețate trebuie folosite pentru despăgubirea Ucrainei. Nu toate țările sunt de acord

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International
European Commissioner Hadja Lahbib states that the EU is not ready to confiscate Russian assets of 140 billion euros to support Ukraine, due to legal risks.
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International
European Commissioner for Economy Valdis Dombrovskis announced that the European Union is preparing a war reparations law for the reconstruction of Ukraine, proposing the use of revenues from blocked Russian assets.
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International
The European Union plans a "loan for repairs" for Ukraine, using frozen Russian assets, but the legality of the initiative needs to be assessed.
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International
Ursula von der Leyen and the Nordic leaders support a loan of 140 billion euros for Ukraine, using frozen Russian assets, in order to cover the financial needs of the country.
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International
Bart De Wever, the Prime Minister of Belgium, has called for EU states to collaborate in using frozen Russian assets to support Ukraine, warning about the risks of Russian retaliation.
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International
Maria Zakharova, the spokesperson for the Russian Ministry of Foreign Affairs, warns that the confiscation of Russian assets from Euroclear accounts by the EU will result in a "painful response" from Russia.
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EU Ukraine Kaja Kallas

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