The aggressor must pay.
Today, more than €300 billion of Russian assets are frozen worldwide — including €209 billion in Europe.
These are public funds belonging to the Central Bank of Russia, immobilized in foreign financial institutions.
So far, only €3 billion, from the interest generated by these assets, has been allocated to Ukraine.
Meanwhile, the destruction caused by Russia’s war amounts to hundreds of billions of euros:
Civil infrastructure: roads, bridges, train stations, airports…
Essential buildings: housing, schools, hospitals, city halls…
Energy infrastructure: power plants, dams, electricity networks…
Targeted economy: agriculture, industry, tourism…
The European aid that has been voted on is not enough.
The interest from the frozen assets is not enough either.
It is time for Europe to use these frozen funds to finance Ukraine’s war effort, ensure its victory, and enable the reconstruction of the country.
Ukraine needs support now to ensure peace and security across Europe.
*Estimated amounts in 2024 according to the #MakeRussiaPay initiative
