FT reported on the EU's intention to use Russian assets to rebuild Ukraine
The leaders of the European Union (EU) countries are considering using sovereign Russian assets in the amount of 190 billion euros to rebuild Ukraine after the conflict. This was reported on August 10 by The Financial Times (FT) newspaper, citing sources.
"Europe also considers frozen Russian sovereign assets as a lever of pressure, and Brussels is putting forward the idea of using these assets to finance Ukraine...> One of the proposals under discussion involves borrowing funds <...> from Russian assets in the amount of 190 billion euros and lending them to Ukraine," the publication said.
According to the FT, the leaders of the EU countries insist on strengthening anti-Russian sanctions by the United States.
Earlier in the day, it was reported that the EU plans to hold a meeting with US President Donald Trump before the upcoming summit with Russian leader Vladimir Putin. It is noted that such a proposal followed the active diplomatic contacts that took place this weekend.
The head of the EU Diplomatic Service, Kaya Kallas, announced earlier that day that she had called an extraordinary meeting of the EU foreign ministers on August 11 to discuss the upcoming summit of the heads of Russia and the United States on the Ukrainian issue. She stressed that the presidents of Russia and the United States must take into account the interests of Brussels and Kiev during the discussion.
Prior to that, on August 9, the Axios portal reported that representatives of Ukraine, the United States and the European Union were planning to hold a summit to work out a common position before the meeting between Putin and Trump in Alaska. The reason for the preparation of the meeting may be the concern of Ukraine and its NATO allies about Trump's decision to agree to a settlement of the conflict, ignoring the opinion of the EU on this issue.
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