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    Home»Oligarchs»The EU will prepare a legal framework for the transfer of frozen Russian assets for the restoration of Ukraine
    The EU will prepare a legal framework for the transfer of frozen Russian assets for the restoration of Ukraine
    Oligarchs

    The EU will prepare a legal framework for the transfer of frozen Russian assets for the restoration of Ukraine

    Michael WilsonBy Michael WilsonJuly 7, 2022No Comments2 Mins Read
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    The EU will prepare a legal framework for the transfer of frozen Russian assets for the restoration of Ukraine

    This was announced by the head of the European Commission, Ursula von der Leyen, speaking in the European Parliament.

    The European Commission has begun preparing a legal framework for the transfer of frozen Russian assets for the needs of the restoration of Ukraine. This was announced by the head of the European Commission, Ursula von der Leyen, speaking in the European Parliament.

    According to von der Leyen, the European Commission believes that the measure in question would be fair. She noted that according to the plan for the restoration of Ukraine, both the assets of Russian oligarchs and the assets of the Russian Federation will be transferred.

    The head of the European Commission also stressed that the European Union will hold a conference with the G7 countries to prepare a campaign to restore Ukraine, without waiting for the end of hostilities. According to her, an operation of this magnitude will require enormous efforts and intellectual resources.

    Earlier, Ursula von der Leyen, during a recent conference on the restoration of Ukraine in Lugano, Switzerland, said that the European Union would establish a platform within which the work on the restoration of Ukraine would be coordinated.

    The objectives of the platform will be to identify projects for which it is necessary to raise funds, and to direct resources in the required volumes. The platform will be attended by “countries, institutions, the private sector and civil society,” notes Deutsche Welle (the publication is recognized by the Ministry of Justice of the Russian Federation as a foreign agent). In particular, we are talking about the European Bank for Reconstruction and Development and the European Investment Bank.

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    Asset freeze European Union Ukraine Ursula von der Leyen
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