Espreso. Global

Russian disinformation

Ukraine military news

Espreso Global reconstruction of ukraine European Commission will direct Russian $319 billion frozen in EU to finance recovery of Ukraine

European Commission will direct Russian $319 billion frozen in EU to finance recovery of Ukraine

30 November, 2022 Wednesday

17:43

reconstruction of ukraine

The head of the European Commission, Ursula von der Leyen, said that $319 billion frozen in the EU will be directed to a special fund for the recovery of Ukraine

client/title.list_title

Von der Leyen announced this during a speech she posted on Twitter.

"Damage suffered by Ukraine is estimated at 600 billion euros. Russia and its oligarchs must compensate Ukraine for damages and cover the costs for rebuilding the country. We have the means to make Russia pay. We have blocked 300 billion euros of the Russian central bank reserves and frozen 19 billion euros of Russian oligarchs," von der Leyen said.

She added that in the near future the EU will work on creating a structure to manage blocked Russian assets. According to her, these funds will be used to finance the reconstruction of Ukraine after the war started by Russia.

Leave a comment

Read also:

22 November, 2024 Friday

Russia tests its remaining stock of RS-26 ICBM in strike on Dnipro — military expert Zgurets

21 November, 2024 Thursday

Ukraine’s Storm Shadow missiles hit Russian command post, killing top officers

20 November, 2024 Wednesday

North Korean soldiers rape teacher in Russia's Kursk region

e-live

News

2024, Saturday

23 November

20:10

Putin orders to dislodge Ukrainian forces from Kursk before Trump’s inauguration - Zelenskyy

19:50

Ukraine's ex-top general warns of potential Russian technological breakthrough by 2027

19:30

Exclusive

Kremlin to set Trump its terms for ending war - Russian opposition expert

19:11

Exclusive

Without security guarantees for Ukraine, negotiations are meaningless - U.S. diplomat

18:50

Ukraine can intercept new Russian Kedr missiles capable of carrying nuclear warheads

18:27

Russia steals over 785 Ukrainian cultural heritage artifacts

18:05

Exclusive

Russia's stockpile of such missiles is limited — aviation expert on Dnipro strike

17:40

Russia trains specialists for prisoner torture system - Ukraine’s intelligence

17:15

Exclusive

Biden administration never tried to ensure Ukraine's victory - U.S. diplomat

16:44

OPINION

Ukraine-Russia peace talks: possible as process, unlikely as outcome

16:15

Exclusive

Turbulence before Trump’s inauguration to bring 60 to 90 days of uncertainty - Russian opposition expert Morozov

15:49

U.S. intelligence links Kremlin to killings of Putin’s critics abroad

15:21

Russian general likely killed in Storm Shadow strike on Kursk headquarters - media

14:50

OPINION

Does Trump have plan?

14:20

Russia plans to test-fire ballistic missiles again in coming days - ISW

13:50

Russian attack on Zaporizhzhia: 11-year-old boy injured, 55-year-old man killed

13:25

Admiral Nakhimov nuclear-powered cruiser of Russian Fleet

How Russia's war on Ukraine stalled its Navy modernization - Defense Express

12:55

Russia trades missiles, air defense systems, oil in exchange for North Korean troops - ISW

12:25

Review

New details on Dnipro strike and reasons behind Russian advance in Donetsk region. Serhiy Zgurets' column

11:53

Russia planned genocide of Ukrainians long before full-scale invasion - intel chief Budanov

11:26

Exclusive

Russia is modernizing Soviet junk, Americans know how to deal with it - former SBU head

10:55

Russian troops make significant progress in Klishchiivka - Andriivka section, Donetsk region

10:25

Russia loses 1,420 soldiers, 24 artillery systems, 20 tanks per day - Ukraine's General Staff

2024, Friday

22 November

21:40

Ukraine in talks with partners for new air defense systems - Zelenskyy

21:30

Exclusive

Nothing stops Russia from launching nuclear attack - Defense Express

21:20

118 combat clashes reported at front today, with Russian forces most active in Pokrovsk, Kurakhove, Vremivka sectors

21:10

Russian army aims to capture Donetsk, Luhansk regions this winter - Ukraine's intelligence

20:55

Russian troops execute five Ukrainian prisoners of war in Donetsk region

20:40

Exclusive

Russian forces likely control part of Ukraine's Kurakhove - military observer

20:23

Exclusive

Russia has already launched missiles at Ukraine with same warhead weight as recently

20:08

Russia’s Kedr ballistic missile: new threat or just another Oreshnik?

19:52

Exclusive

Taiwan provides $10 million in aid to Association of Ukrainian Cities

19:37

Ukraine's Lviv receives key of European Youth Capital 2025

19:21

What is difference between intercontinental ballistic missile and intermediate-range missile?

19:05

At least 14 Shahed drones fly into Belarus during Russian attack on November 22

18:50

Trump’s victory is opportunity to speed peace process - Ukraine's top diplomat

18:34

Moscow tries to intimidate West with nuclear war to change support for Ukraine - expert

18:16

Drones attack rocket test range used to launch ballistic missile at Ukraine

17:55

Almost 580,000 Russian servicemen take part in hostilities against Ukraine — Ukraine's intel

17:35

Two injured as Russian attack hits public transport in Ukraine's Kherson region