The European Parliament approved a €35 billion loan package for Ukraine, sourced from frozen Russian assets. The move aims to provide Ukraine with financial support for reconstruction efforts amid the ongoing war with Russia. The package was passed despite opposition from some members who questioned the legality and potential repercussions of using frozen Russian assets. The loan will contribute to Ukraine’s economic stability, assisting with infrastructure rebuilding and recovery.
Quotes:
- “A necessary step for Ukraine’s future.”
- “The decision was met with both support and concern.”
- “Frozen assets represent a legal challenge.”
Members of the@Europarl_ENhave voted to approve a special loan of up to €35 billion to Ukraine, to be repaid with future revenues from frozen Russian assets. Our correspondent @SaschaFahrbach has the latest.
Members of the @Europarl_EN have voted to approve a special loan of up to €35 billion to Ukraine, to be repaid with future revenues from frozen Russian assets. Our correspondent @SaschaFahrbach has the latest. pic.twitter.com/SqeXB7Q1uT
— TVP World (@TVPWorld_com) October 22, 2024
European Parliament Widely Backs Using €35 Billion in Stolen Russian Cash to LOAN to Ukraine 518 MEPs backed the move to use income generated from frozen Russian assets, with 56 politicians against – 61 abstained. Wonder if it’s interest free?
European Parliament Widely Backs Using €35 Billion in Stolen Russian Cash to LOAN to Ukraine
518 MEPs backed the move to use income generated from frozen Russian assets, with 56 politicians against – 61 abstained. Wonder if it’s interest free? https://t.co/r8KPKoz5zS pic.twitter.com/4mxr9fZy8F
— RT_India (@RT_India_news) October 22, 2024
