Some EU countries are cautious about the possible use of Russian assets, fearing Russian retaliation and legal problems. This was reported by Politico.
Representatives of the governments of 27 EU countries intend to discuss the Commission’s proposal to share the profits from frozen Russian assets in order to tax these benefits at a later stage and use the proceeds for Ukraine. However, some EU countries are concerned about the possible use of Russia’s assets.
“According to European officials and diplomats, some countries in the union are cautious about the proposal to use Russian assets, fearing retaliation from Moscow and legal problems,” Politico writes.
The publication notes that the EU states will eventually be able to agree only on the taxation of profits from the assets with the subsequent use of these revenues to support Ukraine.
We shall remind you that in mid-December 2023, Hungary vetoed the EU’s decision on a long-term €50bn aid programme for Ukraine.