This will happen in the coming days
The head of the European Commission, Ursula von der Leyen, has announced the EU’s readiness to legalize the use of interest income from frozen Russian assets in favor of Ukraine. According to her, this will happen in the coming days.
“At the moment, we have initiated legal steps so that the interest earned from these deposits does not belong to Russia. The legal situation is such that we can use these interests for Ukraine,” von der Leyen said at a press conference for the CDU party (translation by RIA Novosti).
On February 1, the European Council approved the proposal of the European Commission, according to which the income from frozen Russian assets will be held in special accounts, and after tax deductions, will be deposited into the budget to support Kiev. On February 12, the European Council approved the regulation that defines the legislative basis for using the profits from the assets of the Bank of Russia.