this post was submitted on 20 Mar 2025
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EU provides $1 billion in aid to Ukraine backed by frozen Russian assets (kyivindependent.com)
submitted 1 week ago by [email protected] to c/[email protected]
3 comments fedilink hide all child comments
 

The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.

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[–] [email protected] 10 points 1 week ago (1 children)

Idk why they don’t just declare the Russian assets forfeit and straight up hand them all to Ukraine

[–] towerful 2 points 1 week ago* (last edited 1 week ago)

Because then the EU loses potential leverage over Russia - whether to protect EUs own security or to push Russia into a peace deal.

It's like shooting all the hostages.

Edit:
As another comment points out, it's interest from the assets. So the assets are still intact, thus not triggering russians

[–] [email protected] 8 points 1 week ago

The title is wrong. The money is not taken from the russian assets but rather interest earned from those assets. The original assets are left intact. FTA:

The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.