The European Union is drafting a law to redirect Russian Central Bank profits to Ukraine, with EU foreign ministers supporting the use of income from Russian assets for military aid. President Zelensky met with U.S. Senator Lindsey Graham in Kyiv. The EU has approved an additional 5 billion euros for military aid to Ukraine, with plans to allocate profits from frozen Russian assets to support Ukraine's military needs.
The European Commission plans to give Ukraine 2.5-3 billion euros per year, received from income from the frozen assets of the Central Bank of Russia. Vice-President of the European Commission Dombrovskis said that after the proposal is approved by the EU governments, profits…
The European Commission has approved proposals to use proceeds from Russian frozen assets to support Ukraine, reports the deputy head of the EC. Translation- theft has been legalised .
Income from the frozen assets of the Russian Federation in the amount of about 3 billion euros per year should complement the 5 billion euros allocated by the EU for arms supplies to Kiev, Borrell . And when Russia retaliates they will be screaming about it. https://t.co/iL168heXGT
🧠 EU chief diplomat proposes that EU spend almost all proceeds from frozen Russian assets on weapons for Ukraine https://t.co/kVAHkMBnom
Borrell's plan for Moscow's assets was considered dubious in the EU The EU's chief diplomat, Josep Borrell, has proposed a plan to use proceeds from sanctioned assets of the Russian Central Bank to finance Ukraine's military needs. According to it, 90% of the profits will go to… https://t.co/FoOeOikyCk
The EU offers a plan to to help fund Ukraine’s military needs with proceeds from sanctioned Russian central bank assets https://t.co/AlzJa1T7MC
Borrell said that he presented the EU countries with a proposal to use 90% of the profits from Russian assets for military assistance to Ukraine . Beginning of the end of the distraction of the EU financial system. https://t.co/hDi5ihiu1T
The head of Eurodiplomacy, Josep Borrel, has offered to buy weapons for Ukraine for 90 % of the profits from frozen Russian assets The amount of the proceeds is expected to be around €3 billion. Borrel said that he would present the proposal before the summit of EU leaders.… https://t.co/asAZB9Eycy
EU to Detail Plan for Frozen Russian Assets https://t.co/wTpGLEqIp5
The EU will unveil proposals to use profits from frozen Russian assets to help Ukraine, as a much-needed US aid package remains stuck in Congress. Read the Brussels Edition https://t.co/vKuNtJZdj0
European Union pushes ahead with a plan to buy weapons for Ukraine with frozen Russian asset profits https://t.co/j4F2lz7Tau
Russian frozen assets: Borrell will offer to allocate 90% of revenues to weapons for Ukraine https://t.co/xp2LlKS1Qu
❖ EU PLANS TO SEND RUSSIAN FROZEN ASSET REVENUES TO UKRAINE ARMS FUND
Borrell will make a proposal on March 20 to withdraw 90% of the proceeds from the frozen assets of the RF to the Euro Peace Fund for the supply of weapons to Kyiv - Reuters And to allocate 10% of the proceeds from the frozen assets of the RF to support the 🇺🇦 military industry. https://t.co/j1FUO8kWVt
EU develops mechanism for transferring Russia's frozen assets to Ukraine https://t.co/JizLbQu8p0
⚡️ Bloomberg: EU drafts proposal on funneling profits from Russian assets to Ukraine. The EU has drafted a proposal that would enable Ukraine to receive profits generated by frozen Russian assets as early as July, Bloomberg reported on March 19. https://t.co/jYXiXz2Qzs
Head of European diplomacy Josep Borrell: Most EU foreign ministers supported the use of income from Russian assets for Ukraine, but there is no unanimous final decision yet Earlier, German Chancellor Scholz said that the proceeds from frozen Russian assets would be used to… https://t.co/7czOd4912C
Ukrainian President Volodymyr Zelenskyy says that a swift decision by the US Congress on billions of dollars of military aid for #Ukraine is “critically important,” during a meeting with #US Senator Lindsey Graham. https://t.co/mbC4egYslo
The EU just approved an additional 5 billion euros ($5.4 billion) in flexible military aid for Ukraine. The funds will be dedicated to the new Ukraine Assistance Fund (UAF) within the EPF. https://t.co/ttCgvEBAqI
The European Union has prepared legislation that would see Ukraine start to receive profits generated by frozen Russian sovereign assets as early as July. https://t.co/5SJpPquV61
EU foreign ministers agreed to allocate $5.5 billion for military aid to Ukraine; President Volodymyr Zelensky held a meeting with U.S. Senator Lindsey Graham in Kyiv; and more. https://t.co/bGjjoOQjqg
EU foreign ministers supported the use of income from Russian assets to supply weapons to Ukraine, but a final decision has been postponed for now - Borrell https://t.co/3BitcYRV7o
THE EU IS DRAFTING A LAW THAT WOULD REDIRECT RUSSIAN CENTRAL BANK PROFITS TO UKRAINE
EU DRAFTS LAW TO SEND RUSSIAN CENTRAL BANK PROFITS TO UKRAINE https://t.co/28LNfJkEHB