🇪🇺 EU
🔴 Spain Urges Use of Frozen Russian Assets for Defence

🔸 Spain proposes grants + joint EU debt to support Ukraine, rearm EU.
🔸 €200B Russian assets in Europe could back military projects.
🔸 Germany & Belgium wary of financial risk, but EU considers new tools.

#EU #Spain #Ukraine #RussiaAssets #DefenseSpending #EuropeanSecurity #CarlosCuerpo

The #EU cannot agree with the European Central Bank ( #ECB ) on using profits from frozen Russian assets, — Bloomberg.

More than €200 billion of frozen assets of the Central Bank of the Russian Federation can bring about €3 billion in profit.

The funds are planned to be used for the post-war reconstruction of #Ukraine. #RussiaAssets #Russia #RussiaFederation (United24Media)