Portugal Backs Use of Frozen Russian Assets for Ukraine
Lisbon says it supports channeling frozen Russian assets to aid Kyiv, while acknowledging Belgium's call for EU-wide guarantees against financial risks.
Portugal has expressed support for using frozen Russian assets to assist Ukraine, according to a report by Ukrinform.
The report states that Portugal understands Belgium's demand for European Union-wide guarantees to protect against potential financial risks associated with such a move.
The issue of frozen Russian assets has been a point of discussion among EU member states as they consider ways to support Ukraine amid its ongoing conflict with Russia. Belgium, which hosts a significant portion of the frozen assets through the Euroclear financial institution, has raised concerns about the legal and financial implications of using these funds without broader EU backing.
Ukrinform did not provide further details on Portugal's specific policy proposals or a timeline for any potential EU-wide agreement on the matter.
Sources
- Portugal backs use of frozen Russian assets for Ukraine — Ukrinform (Ukraine)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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