Thursday, March 14, 2024

Hungary, Malta, Luxembourg oppose using frozen Russian assets to buy munitions for Ukraine

Hungary, Malta and Luxembourg have come out against a proposal to seize investment returns earned on frozen Russian assets to buy munitions for Ukraine, Politico reports, citing an informed source.

According to the unnamed European official, the three countries made their positions known during a meeting of EU ambassadors on Wednesday. 

According to them, this option has complicated the talks because of the agreement reached earlier to allocate 3 bln euros out of such earnings toward aid to Ukraine.

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