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.

Valdis Dombrovskis emphasized the need to use the revenues generated by the Russian assets blocked due to the sanctions imposed on Moscow to finance the reconstruction of Ukraine. He encouraged G7 partners to take similar measures with Russian assets on their territories, highlighting the importance of international cooperation in this endeavor.