If all EU countries support this project, the money could reach Ukraine as early as July.
The European Union has already laws providing for using income from frozen Russian assets to finance Ukraine.
Bloomberg journalists reported on reviewing the documents. According to them, the application of the tax on unpredictable profits described in the bills could bring in about 3 billion euros annually. These funds can be spent on supplying weapons to Ukraine and strengthening its defense capabilities.
If the documents quickly receive the support of all 27 EU member states, the first cash flows to Ukraine could be made as early as July of this year. However, there is doubt that Germany, France and the European Bank are ready to agree to such a scenario.
- It was previously reported that three EU countries are against the use of frozen assets to purchase weapons for Ukraine.
- US President Joe Biden demands from the G7 countries a clear plan for the transfer of Russian assets to Ukraine.
> < li>The European Commission advocates the transfer of 27 billion euros of frozen assets to Ukraine.