European Parliament calls for all frozen Russian assets to be used for Ukraine

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The European Parliament adopted a resolution calling on EU and G7 member states to immediately approve a proposal to use frozen Russian assets. This should form the basis for a significant grant and loan to Ukraine, with repayment contingent on future Russian reparations.

The European Parliament called for the approval of the European Commission's proposal to use all frozen Russian assets as a basis for a substantial grant and loan to Ukraine. This is stated in the resolution adopted by MEPs on Thursday, writes UNN.

Details

The European Parliament "reiterates its call on member states, together with their G7 partners, to immediately approve the (European) Commission's proposal to use all frozen Russian assets as a basis for a significant grant and loan to Ukraine, with repayment contingent on future war reparations paid by Russia, as a legally sound and financially significant way to maintain and increase EU support for Ukraine's military needs, including combating drones," the resolution states.

EU pressure on Belgium to use frozen Russian assets for Ukraine grows - FT08.10.25, 09:58

Recall

The European Parliament adopted a resolution demanding a unified EU response to Russian violations and hybrid warfare threats, condemning violations of EU airspace and interference with EU infrastructure, demanding coordinated and proportionate actions, including the destruction of aerial threats, calling for a unified EU and NATO defense, sanctions against Russia, progress on a European Defense Union, and cooperation with Ukraine.

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