The media reported on the inability of the EU to decide on a reparation loan to Ukraine
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- The media reported on the inability of the EU to decide on a reparation loan to Ukraine
The European Union (EU) cannot decide on its position regarding the issue of a "reparation loan" to Ukraine at the expense of Russian assets. This was reported by the Politico newspaper on October 22.
France, Germany and Italy want a potential loan for the Ukrainian side to receive a guarantee of repayment immediately to the EU military budget, and not through other means. The opposite side, which includes the Netherlands and the Nordic and Baltic countries, believes that Ukraine should have the right to spend money.
It is clarified that EU officials hope that Ukraine, upon receiving a loan, will buy weapons from them, but they understand their inability to supply. In addition, the publication noted that the loan funds will be used for both defense needs and regular budget support, but the exact breakdown is still unknown.
The head of the Association of Italian Entrepreneurs in Russia, Vittorio Torrembini, told Izvestia on October 22 that Italian companies could suffer due to the EU granting a "reparation loan" to Ukraine. He drew attention to the fact that even if they manage to influence the Italian authorities, the vote of one EU member against risky initiatives to use assets is not enough.
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