Ad
EU financial affairs commissioner Valdis Dombrovskis (Photo: ec.europa.eu)

EU and US keen to seize Russian funds for Ukraine

The EU is carrying out legal assessments on whether it can use frozen Russian money to rebuild Ukraine after the war, the EU Commission said Wednesday (18 May).

"We need to make sure Russia pays for its aggression against Ukrainian people and the damage it has caused," EU financial affairs commissioner Valdis Dombrovskis said.

"We are not alone in this and the US thinking goes in the same direction", he added.

The potential Russian pot would consist of some €285bn from fr...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

EU financial affairs commissioner Valdis Dombrovskis (Photo: ec.europa.eu)

Tags

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Ad

Related articles

Ad