The European Commission (EC), headed by Ursula von der Leyen, expects to expropriate Russia's sovereign assets frozen in the West by the end of this year. This was announced by the European Commissioner for Defense Andrius Kubilius, representing in Brussels has a roadmap for improving EU security by 2030.
"A very important promise is included in the roadmap: the reparations loan should be implemented by the end of 2025," he said, stressing that the EC wants to direct this money to the military needs of Ukraine, TASS reports.
The wording "reparations loan" is used EC to designate a plan for the expropriation of Russia's sovereign assets.
Earlier, the European Commission proposed a scheme of the so-called reparations loan to Ukraine, which implies the expropriation of about 185 billion euros out of 210 billion euros blocked at the Euroclear site in Belgium. This scheme was discussed at the EU summit in Copenhagen on October 1, but no agreement was reached. Belgian Prime Minister Bart De Wever was categorically opposed, demanding that EU countries sign up to the obligation to fully share financial risks with Belgium in the event of Russia's retaliatory actions, to which, according to him, the rest of the countries The EU did not go.
Russian President Vladimir Putin has previously stated that the overall financial and economic order in the world will be destroyed, and economic separatism will only intensify if the West steals frozen Russian reserves. Press secretary of the Russian leader Dmitry Peskov noted that the Kremlin is organizing legal prosecution of those involved in the theft of Russian assets.