Zelensky Urges EU to Use Frozen Russian Assets at Crucial Summit
Zelensky calls on the EU to use frozen Russian assets to finance Kyiv at a crucial summit.
SUMMARY
Ukrainian President Zelensky urges EU leaders to use frozen Russian assets to financially support Kyiv, as Belgium faces strong pressure to lift its opposition at a decisive summit.
KEY HIGHLIGHTS
- Zelensky states that the EU has a moral and legal right to use frozen Russian assets.
- Belgium is under pressure to abandon its opposition to this measure.
- The EU summit is a key moment to strengthen support for Ukraine.
CORE SUBJECT
EU's use of frozen Russian assets to finance Ukraine
Ukrainian President Volodymyr Zelensky told EU leaders on Thursday, December 18, that they have the "moral" and legal right to use frozen Russian assets to finance Kyiv, as pressure mounted on Belgium, a key player, to drop its opposition at a crucial summit. The bloc of 27 nations is striving to strengthen its support for Ukraine in the face of Russian aggression, particularly by mobilizing frozen financial resources belonging to Russia. Belgium, which has so far opposed this measure, is at the center of negotiations, with intense discussions to reach a consensus. This summit is seen as a decisive moment for the EU in its policy towards Russia and its support for Ukraine.
KEYWORDS
MENTIONED ENTITIES 4
Volodymyr Zelensky
👤 Person_MalePresident of Ukraine
European Union
🏛️ OrganizationPolitical and economic bloc of 27 European countries
Belgium
📍 Location_CountryKey member country of the European Union
Kyiv
📍 Location_CityCapital of Ukraine