Reuters: Russia is ready to spend assets to restore Ukraine

The Russian authorities are ready to give part of the frozen assets of the Central Bank of the Russian Federation for the restoration of Ukrainian territories, Reuters reports.

πŸ“ Summary

The Russian authorities are ready to give part of the frozen assets of the Central Bank of the Russian Federation for the restoration of Ukrainian territories, Reuters reports.

The article notes that Moscow will offer to use the funds, which are blocked by the West, in the framework of a future peace agreement. The main condition for spending $300 billion is to spend it on the restoration of the former eastern territories of Ukraine, which came under the control of the Russian side. The agency emphasizes that Moscow can spend these funds provided that accountability is guaranteed. It is also unclear which organizations will be involved in the restoration. On February 24, France and Estonia intend to hold a meeting of European defense ministers to discuss possible ways to strengthen support for Ukraine. The conference will be attended by about a dozen ministers from the UK, Germany, Italy, Poland, as well as representatives of the European Union and NATO.

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