On 26-27 October, the European Council held a summit in Brussels. Among the issues discussed were support for Ukraine and the use of Russian assets to rebuild Ukraine.

Here are some of the statements made at the summit:

🟢 Belgium announced the creation of a fund to transfer EUR 1.7 billion in income taxes generated by frozen Russian assets to Ukraine.

🟢 Estonia is working on a draft law that would allow the transfer of sovereign Russian assets to Ukraine by court order.

🟢 Work on the use of Russian assets is also underway in the UK, Canada and the US.

This is great news and shows a positive trend - Western democracies agree that Russia should pay for the damage it has caused. However, these measures should not be the ultimate goal, but only an intermediate step on the way to confiscating the entire amount of frozen Russian assets and transferring it to Ukraine.

More details - in the telethon

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Efficient reparations now

Останнє оновлення: 10 Dec. 2024

The Institute of Legislative Ideas develops and promotes tools for effective compensation for the damage caused by Russia's war against Ukraine. The project covers accounting for losses, searching for sources of compensation and monitoring the use of funds