Slovakia blocks military funding for Ukraine in the EU: what is known.

Slovakia blocks military funding for Ukraine in the EU: what is known
Slovakia blocks military funding for Ukraine in the EU: what is known

According to ТСН: Slovak Prime Minister Robert Fico expressed his misunderstanding regarding the financial support for Ukraine's military expenses at the upcoming meeting of the European Council. He stated that he would not support any decision that would involve funding from Slovakia.

"I cannot and will not support any decision regarding the financing of Ukraine's military needs under any pressure, in which the Slovak Republic would have to participate. At the same time, I respect the sovereign right of each EU member state to make another decision on a voluntary basis," Fico said in a letter he read out.

What is known about the 'reparations loan'

Discussions about providing Ukraine with up to 140 billion euros from frozen Russian assets have been ongoing in the EU since early October. The European Commission plans to allocate these funds in the form of a loan, which will be financed from the profits of Russian assets held in the Belgian financial institution Euroclear.

According to the plan, if Russia does not pay reparations to Ukraine after the war ends, it will lose rights to these assets. However, some countries, including Belgium, France, and Luxembourg, have expressed concerns about potential legal risks.

As previously reported, on October 21, ambassadors of EU countries preliminarily agreed on the mechanism of the 'reparations loan', but EU leaders decided to postpone the final decision until December. The EU leaders' summit is scheduled for December 18-19.

The Trump administration also proposes using frozen Russian assets for projects in Ukraine and the restoration of the Russian economy.

Robert Fico's words highlight the growing divergences among EU countries regarding support for Ukraine. This issue will undoubtedly remain in the spotlight in the coming weeks as member states try to align their positions ahead of the December summit.


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