Slovakia blocked the confiscation of Russian assets for Ukraine: reasons for the decision.
Slovakia refused to finance the Ukrainian army with frozen Russian assets
According to inkorr.com: Slovak Prime Minister Robert Fico stated that the country does not plan to use frozen Russian assets to support the Armed Forces of Ukraine. In his opinion, providing financial assistance could lead to an extension of the war at least until 2027.
Fico emphasized that Slovakia will not participate in any legal or financial schemes involving the confiscation of frozen assets if those funds are directed to the needs of the Ukrainian military. He also noted that the volumes of financial assistance are closely related to the duration of the conflict, believing that providing €140 billion for armaments could mean prolonging the war for at least another two years.
'Slovakia will not interfere in any legal or financial schemes for the confiscation of frozen assets if those funds go to the needs of the Ukrainian army.'
In his statement, Fico also noted that the refusal to use Russian assets for Ukraine's military needs is driven by hopes for a peaceful resolution of the conflict.
This position of Slovakia can be seen as part of a broader policy of the country concerning diplomatic negotiations and supporting peaceful initiatives in the region. The refusal to finance the army with frozen assets highlights the importance of developing alternative ways to achieve peace, especially in the context of prolonged hostilities.
Read also
- EU's €90 Billion Loan for Ukraine Faces Hurdles: Brussels Weighs In
- Szijjártó Admits Secret Calls to Lavrov, Declares EU Sanctions a Failure
- Hungary Presses EU to Drop Sanctions on Russian Oligarchs as Szijjártó Engages Lavrov
- Five EU Nations Accused of Undermining Rule of Law by Rights Watchdogs
- Slovak PM Fico Threatens to Veto EU’s 20th Sanctions Package Against Russia
- Slovakia’s Fico Threatens to Veto EU Sanctions Over Oil Dispute – Here’s What He Wants

