EU foreign policy chief Kaja Kallas urged the bloc to ‘explore all available avenues while minimising the potential risks’
EU foreign policy chief Kaja Kallas said on Saturday the bloc should consider all options on how to maximise the use of Russian frozen assets to help Ukraine in the face of opposition from key player Belgium.
The EU froze some €200 billion of Russian central bank assets after the 2022 invasion of Ukraine, the vast majority of which are held by the international deposit organisation Euroclear in Belgium.
“Ministers acknowledged the need to address Ukraine’s financing gap and to hold Russia accountable for war damages,” Kallas said after talks with EU foreign ministers in Denmark.
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