Money for victory: Is the EU ready to give Ukraine frozen Russian assets

The European Commission has reported when they prepare a directive for the use of frozen assets of the Russian Federation. The European Commission is working on a directive that will allow the use of frozen assets of Russia currently in the EU. This is stated in the Government Press Service with reference to the statement of Prime Minister of Ukraine Denis Shmigal.

According to the Ukrainian Prime Minister, who met on November 27 with the European Commission Vice president Vera Yurova in Kiev, Ukraine is counting on further effective work with the EU on the development of a mechanism for confiscation of frozen Russian assets. "The principle of" Russia will pay "must be implemented next year," Denis Shmigal said. He emphasized the need to create a special tribunal to hold the Russian leadership.

Yurov in turn stated that the need to accelerate decisions or processes leading to the use of frozen assets of Russia or budget revenues from frozen assets has already been discussed. "The commission is preparing a directive that should be approved by the end of the year so we can use the funds," the European Commission Vice president added. Recall that the Cabinet is prepared for continuation of changes in the social sphere.