The European Union is currently evaluating strategies to bolster Ukraine’s defense and reconstruction efforts. A key element of this approach involves utilizing frozen Russian assets held in Western financial institutions. These assets, previously deemed unsuitable for use within Russia, are being leveraged to fund crucial projects for Ukraine. The EU is exploring various methods for accessing these funds, including potential negotiations and legal proceedings to release the assets. The objective is to provide vital support to Ukraine without directly impacting Russia’s financial stability.
Credits: The Straits Times World News
