Скачать или смотреть Denmark from December to use frozen Russian assets to fund Ukraine

Danish PM Mette Frederiksen insisted they would find a way to use frozen Russian assets in Europe for a 'reparations loan' for Ukraine - after the European Council ended on Thursday in chaos - speaking following talks in London on Friday.

"Of course, there are some technical questions that has to be answered. There are a lot of details that we have to work on. But first and foremost, this is a political decision and a political choice. I support the idea totally. And I think we we have to work in a way that we have a solution before Christmas Eve," she said.

The European Commission proposed the launch of a large-scale 'reparations loan' mechanism for Kiev, worth up to 140 billion euros. Under the terms of the plan, the EU would take control of frozen assets, loan it to Ukraine - but with Kiev only be required to repay the 'loan' if Moscow were to pay any reparations.

However, there was no agreement reached at Thursday's European Council, with concerns raised by countries including Belgium - which holds the fund via Euroclear - about the legality of the move.

Moscow previously condemned it as illegal and warned that it would undermine investor confidence, while some analysts have warned that without 'reparations' guaranteed it could amount to just a seizure of sovereign assets.


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