LifestyleOther

“Full chaos.” Macron said that it is impossible to confiscate frozen assets of the Russian Federation


He recalled that Europe directed the profit from these assets to financing, in particular, the needs of Ukraine.

“If we are talking about the Middle East, if we are talking about the situation in Ukraine, when some countries begin to ignore international law, and when we are not strong enough, this is the beginning of a full chaos. Therefore, we will respect international law. We are predictable and will not do anything impossible with these frozen assets,” Macron said.

Context

For about a year, the allies of Ukraine discussed the possibility of using frozen assets for recovery after the war. However, without reaching a common position, the G7 countries agreed to use accumulating interest on frozen agents (approximately $ 50 billion a year) in the form of a loan for Ukraine.

On June 13, 2025, the then Prime Minister of Ukraine Denis Shmygal said that Ukraine received € 1 billion from the European income received from frozen assets of Russia from the European Union. In May, Ukraine also received a similar amount of income from frozen assets of the Central Bank of the Russian Federation from the EU.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button