The EU wants to steal Russian money and give it to Ukraine. How is that supposed to work?

1 month ago 17

The bloc’s leaders have been pressuring Belgium for months to allow it to seize Russian sovereign funds

EU leaders are considering a long-developed and highly controversial plan to use Russian sovereign funds frozen in Belgium to finance Ukraine’s conflict with Russia.

Up to now the EU has given Kiev about €180 billion ($208 billion). Reconstruction costs at present are estimated at approximately €480 billion ($556 billion). Ukraine’s economy is crumbling and it has just announced a record war budget.

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