The Council of the European Union has approved a resolution allowing the use of profits from Russian frozen assets for Kyiv. The relevant information follows from the association’s statement.
A few days later it became clear that the mechanism that was put forward by the European Commission as an initiative regarding the further use of frozen assets of the Russian Federation was “taken into account” in the European Council.
Moreover, the heads of state that are part of the association recognized that this proposal would make it possible to direct profits from blocked assets of the Central Bank “to support Ukraine” and “its restoration and reconstruction.”
It was previously reported that the European Commission will propose a package of measures to use the proceeds from the frozen assets of the Central Bank of the Russian Federation.
It also became known that at the summit in Brussels, European leaders decided to begin negotiations with Ukraine and Moldova on the possible accession of these countries to the European Union. Read more about this in material Public News Service.
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