The EU will promote a plan to help Ukraine at the expense of RF assets regardless of the US.

The EU will insist on providing assistance to Ukraine

EU diplomacy chief Josep Borrell claims that the European Union will insist on fulfilling commitments to provide assistance to Ukraine at the expense of frozen Russian assets, regardless of the issues raised by the US.

"We will do everything possible to support Ukraine regardless of decisions in Washington. Ukraine needs to increase its defense potential, and it needs it now," Borrell said.

The G7 agreement on using the income from frozen assets has faced delays as Washington seeks more reliable guarantees that the EU will be able to continue sanctions despite Hungary's opposition.

The US wants to ensure that the plan aimed at enabling Kyiv to receive loans worth $50 billion will be implemented before it is approved by Congress.

The G7 plan adopted at the June summit stipulated that the funds would be received by the end of the year. Two options for freezing Kremlin assets for a long period will be presented to EU ministers in Brussels in an attempt to reassure the US, Bloomberg reported.

Borrell also stated that he is looking for a way to bypass Hungary's opposition to allocating another 6 billion euros of aid to Ukraine, which had previously been discussed by member states.

Source: RBC-Ukraine