European Commission representatives have proposed to the heads of EU finance ministries to transfer frozen Russian assets to Ukraine through promissory notes.
This was reported by the Politico newspaper, citing European officials.
According to their information, the proposal involved exchanging cash deposits for bonds, the payment of which would be guaranteed by EU countries.
In August, the Belgian Foreign Ministry, under whose jurisdiction 210 billion euros of Russian assets are blocked, came out strongly against their expropriation. It stressed that the proceeds from the reinvestment of these assets were pledged as guarantees for the G7 loans already granted to Ukraine, with repayment in 2040. The minister urged his colleagues “not to slaughter the goose that lays the golden eggs“.