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Use €300-B In Frozen Russian Assets To Help Ukraine, EU Urged

  • Writer: By The Financial District
    By The Financial District
  • Oct 25, 2022
  • 1 min read

The European Union (EU) should use more than €300 billion ($292-B) of frozen Russian foreign assets to help Ukraine, Estonian Prime Minister Kaja Kallas said, Arnaud Siad reported for CNN.


Photo Insert: Kallas called the alleged mining of a critical dam on the Dnipro river in Ukraine’s southern Kherson region “pure terrorism.”



“Today we’re going to focus on Ukraine. First of all, we have to talk about the use of [frozen] assets that we have – Russian [frozen] assets. We have over €300bn ($292bn) of [frozen] assets and how we can use them in benefit of Ukraine,” Kallas told reporters in Brussels, where she is attending a meeting of the Council of the EU.


In a tweet, Kallas said it was “time [the EU] move ahead with making the aggressor pay.”



“Second, we definitely have to discuss the legal response to the crimes of aggression that have been committed and how to make a separate tribunal to prosecute those,” Kallas also told reporters.


Kallas called the alleged mining of a critical dam on the Dnipro river in Ukraine’s southern Kherson region – which Ukrainian President Volodymyr Zelensky mentioned to the council in a video address on Thursday – “pure terrorism.”





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