The European Commission is working on a proposal to pool some of the profits derived from frozen Russian state assets to help Ukraine and its post-war reconstruction, the EU executive's president Ursula von der Leyen said on Friday, APA reports citing Reuters.
Von der Leyen told a news conference after an EU leaders summit that the value of frozen Russian sovereign assets was 211 billion euros ($223.15 billion) today and recalled that the bloc had decided that Russia must pay for Ukraine's reconstruction.
The European Union froze Russian sovereign assets in March 2022.
The United States and Britain have signalled support for an EU idea of diverting interest earnings from assets, although there are legal complexities to resolve before any money can be seized.
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