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EU Exploring Ways to Use Russian Oligarchs’ Frozen Assets to Rebuild Ukraine

Posted: Sat May 21, 2022 2:09 pm
by claireokc
BERLIN—The European Union is looking into ways of using the frozen assets of Russian oligarchs to fund the reconstruction of Ukraine after the war, European Commission President Ursula von der Leyen said on Thursday. The commission proposed on Wednesday a 9 billion euro loan to Ukraine to keep the country going as it struggles to fend off the Russian invasion and wants to set up a reconstruction facility for after the war. “Our lawyers are working intensively on finding possible ways of using frozen assets of the oligarchs for the rebuilding of Ukraine. I think Russia should also make its contribution,” she told ZDF television....

Source: https://www.theepochtimes.com/eu-explor ... 79211.html