Frozen Russian Assets for Ukraine: Tusk Claims Light-Years to Agreement.

Tusk on frozen Russian assets
Tusk on frozen Russian assets

According to ТСН: The agreement on the use of frozen Russian assets for the recovery of Ukraine is still far off.

That opinion was expressed by Polish Prime Minister Donald Tusk in his interview.

"Currently, we have a decision that allows for the permanent freezing of Russian assets. (...) However, from this moment to the potential use of these funds for the reconstruction of Ukraine, not to mention military support for Ukraine, it is still light-years away," he admitted.

Tusk noted that a decision regarding the allocation of these funds to Ukraine will not be made at the summit in Brussels, where an agreement on financing Ukraine for the next two years is planned.

"However, there are various indirect mechanisms, such as the possibility of using these funds as a sort of financial leverage, i.e., guarantees for loans," he added.

In response to a question about the position of the United States on this issue, Tusk pointed out the "clear difference" in opinions.

"Americans say: leave these Russian assets alone, because it's hard to sit down with Putin and say: 'Let's find a compromise, but we're taking your money.' This is the argument of the Americans to be very cautious here and not push the situation to the brink of collapse," he said.

The Polish Prime Minister also noted that the U.S. has a more businesslike approach to this problem.

"Americans would be interested in using these resources differently, and I believe they would also use some of them themselves, possibly in consultation with Russia. Here it sometimes turns out that Americans still have a businesslike approach to this issue... It's hard to talk about a united European and American position here," Tusk added.

What Preceded

Recall that earlier there was a discussion of the scandal surrounding frozen Russian assets. In particular, Belgium, where most of the (about 189 billion euros) blocked Russian funds are stored, dismissed the European Commission's plan. The European Central Bank (ECB) also did not support it.

Meanwhile, President Zelensky emphasized that Ukraine relies on funding obtained from frozen Russian assets, as the country "cannot" function without these funds.

In the context of aggression and devastation, the recovery of Ukraine is becoming an increasingly relevant topic. Economic resources, particularly frozen assets, are key to ensuring stability and rebuilding infrastructure. Thus, the issue of attracting international support and financing remains on the agenda, and allied countries pursue various strategies in this context.


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