EU leaders have decided to rise EUR 90 billion of loans in the financial markets and transfer them to Ukraine. The debt will be repaid from the EU budget unless Ukraine receives war reparations from Russia. EU politicians besides decided not to confiscate Russian assets held in a Belgian bank for the time being.
– We have a deal. The decision to supply €90 billion in support to Ukraine between 2026 and 2027 was approved – wrote on the platform X António Costa, president of the European Council, on 19 December around 3:00 p.m. Polish time.
In his entry, however, Costa omitted a very crucial detail. Reutera reached the draft conclusions following the EU summit, which shows that the EUR 90 billion mentioned is simply a debt in capital markets, secured by... the EU budget. This means that we will all repay the EU debt to Ukraine. Unless Ukraine receives war reparations from Russia, due to the fact that the resolution assumes that in specified a case it itself will gotta repay the debt. The loans will not be repaid by Hungary, Slovakia and the Czech Republic, which did not agree to participate in Kiev's financial support.
The European Union has besides decided not to confiscate Russian funds held in the Belgian Euroclear Bank NV for the time being. As Hungarian Prime Minister Victor Orban warned, the EU is not a organization to the Russian-Ukrainian War, and so reaching for Russian money and handing it over to Ukraine would mean a declaration of war. – Confiscation of Russian assets to finance Ukraine? A declaration of war. Taking money from 1 organization and giving it to another would draw the EU into conflict. This can't happen. Fortunately, I'm not the only 1 who sees it that way. – wrote Orban on platform X December 18.
In Brussels there was besides a leader of Ukraine Volodymyr Zelenski, who called on EU countries to usage Russian funds to support his country. After a gathering with the Prime Minister of Belgium, he said that he was aware of the hazard of occupying Russia's assets, but, as he added, the war with Russia carries a greater risk.
However, the European Union has reserved itself the right to usage Russian funds, for now frozen, to repay the debt to Ukraine. EU associate States will proceed to work to establish a alleged reparation debt for Ukraine, utilizing Russian assets frozen in Europe.
In addition to António Costa, alleged success is besides announced on social media by German Chancellor Friedrich Merz or head of the KE Ursula von der Leyen.
Source: rp.pl
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Victor Orban warns: giving Russian funds to Ukraine is simply a declaration of war
