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The European Union will use frozen Russian assets to arm Ukraine

This pact follows the initiative proposed last March by Borrell to use some 3 billion euros generated by immobilized Russian assets, with the aim of beginning to channel them from July.

The member states of the European Union reached an agreement in principle on Wednesday on measures to allocate the profits generated by Russian assets frozen in Europe to military aid and the recovery of Ukraine.

In a message on social networks, the Belgian Presidency of the Council of the EU has announced the agreement reached at the level of ambassadors of the bloc to use the benefits generated by the assets of the Central Bank of Russia immobilized in Europe in support of Ukraine, in another step to support Kiev.

This pact follows the initiative raised last March by the High Representative of the European Union for Foreign Policy, Josep Borrellto use about 3000 million euros generated by immobilized Russian assets, with the aim of beginning to channel them from the month of July.

The agreement comes the same day that the Ukrainian public electricity company, Ukrenergo, has warned of the possibility of power outages scheduled that could affect the entire Ukrainian territory under kyiv’s control, due to the damage caused by the Russian attack this morning against electricity generation infrastructures in six regions of the country.

According to Ukrenergo, it is fifth major attack on the Ukrainian energy system since last March 22, when Russia began a bombing campaign against electrical infrastructure that has completely destroyed some of the most important plants in Ukraine, depriving the country of a good part of its generating capacity.

According to the Ministry of Energy of Ukraine, this new wave of Russian attacks has caused damage to electricity generation and distribution infrastructure in the regions of Lviv, Vinitsa and Ivano-Frankivsk (west), Poltava and Kirovograd (center) and Zaporizhia (southeast).

Tens of thousands of subscribers were left without electricity in several regions of Ukraine due to the attack, although some 50,000 have electricity again after workers in the sector restored the supply, the vast majority of them in the western region of Vinitsa, the Ministry reports. of Energy.

Ukraine has also activated the import of electrical energy from Romania, Slovakia, Poland, Hungary and Moldova in order to continue offering supply.


Source: Eitb

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