The European Union may today, on October 9, at a meeting of permanent representatives, agree on the allocation of € 35 billion (approximately $ 39 billion) to Ukraine from revenues from Russian assets. This was reported by the newspaper Politico.
The publication notes that after that the decision must be approved in the European Parliament and can be officially approved in November. The newspaper points out that the EU is putting pressure on the countries of the association in order to make a decision as soon as possible.
At the same time, Politico reports, it is still unclear whether Hungary will agree to extend the duration of sanctions against The Russian Federation from six months to three years in order for the United States to also participate in the allocation of funds to Kiev. In this case, the share The EU's total loan to the G7 countries may decrease from € 35 to € 20 billion. According to the publication, Budapest's position will be finally clarified at the meeting of the leaders of the EU countries next week, TASS quotes excerpts.
As reported, yesterday the head of the Ministry of Finance presiding in The Hungarian Council of the European Union, Mihai Varga, said that Budapest does not yet support the transition to freezing Moscow's sovereign assets in the European Union for 3 years. In his opinion, the decision on the timing of the extension of sanctions against Russia may not be made before the US elections.
Earlier, the Financial Times newspaper reported that the EU had agreed to provide Ukraine with a new loan worth about $ 44.48 billion by the end of the year, regardless of US participation.
In July, Russian presidential spokesman Dmitry Peskov said that Russia would definitely respond to the theft of its assets in Europe. He stressed that Moscow intends to organize legal prosecution of those involved in the theft of its assets.