Von der Leyen: EU may use Russian assets for reconstruction of Ukraine

Von der Leyen: EU may use Russian assets for reconstruction of Ukraine

May 24, 2022

The European Union may possibly use frozen Russian assets in the EU to help Ukraine rebuild after Putin’s war, European Commission President Ursula von der Leyen told the World Economic Forum in Davos today.

We will help Ukraine rise from the ashes. That’s the idea behind the reconstruction platform that I have proposed to President Zelenskyy. We need everyone on board. And we should leave no stone unturned – including possibly using Russian assets,” said Ursula von der Leyen.

She added that the European Union would do everything it could to help Ukrainians prevail. The President reminded that for the first time the EU was providing military aid to a country under attack. Additionally, the European Commission has proposed over €10 billion in macro-financial assistance, the biggest ever package conceived by the EU for a third country.

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