EU's von der Leyen proposes using frozen Russian profits for Ukraine's military


  • World
  • Wednesday, 28 Feb 2024

European Commission President Ursula von der Leyen attends a joint press conference with Ukraine's President Volodymyr Zelenskiy, EU and Canadian leaders, on the second anniversary of the Russian invasion of Ukraine, in Kyiv, Ukraine February 24, 2024. REUTERS/Alina Smutko

BRUSSELS (Reuters) - The European Union should consider using profits from frozen Russian assets to buy military supplies for Ukraine, European Commission President Ursula von der Leyen said on Wednesday.

"It is time to start a conversation about using the windfall profits of frozen Russian assets to jointly purchase military equipment for Ukraine," she told the European Parliament in a speech urging the EU to do more on defence policy.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Riga hosts int'l conference on combating financial crime
Two killed by high waves, floodwaters as severe weather hits Greece
Rising conflict in Sudan's North Darfur traps civilians, limits aid access: UN
U.S. stocks close higher
Roundup: EU-Mercosur trade deal faces delay as EU lawmakers send it for judicial review
Crude futures settle higher
U.S. dollar ticks up
Trump says no tariffs next month after agreeing outline of Greenland deal
U.S. tariffs on European countries could slow Latvia's economic growth: economist
Finland's economy shows early recovery signs despite trade-policy uncertainty: Nordea Bank

Others Also Read