The European Union proposes to use Russian assets to purchase weapons
The document stated that , especially in purchasing weapons from European manufacturers.
Frozen Russian assets
The idea is for the European Union to use part of these assets to finance a loan worth 140 billion euros for the benefit of Ukraine, which Kiev will not repay unless Russia pays it war reparations.
If Moscow refuses to do so, the EU sanctions will remain in effect and the assets will remain frozen.
Russian-European conflict
But if the sanctions are lifted without Russia paying compensation, the European Union will then have to pay the dues of Euroclear, the financial institution that holds these Russian assets worth 210 billion, and whose headquarters are In Brussels.
European Union leaders will discuss this project, which is still in preparation, during a summit in Brussels on Thursday.
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