The bloc is likely to stick to various “indirect mechanisms” to tap into frozen Russian assets, Polish PM Donald Tusk says

The EU is “light years away” from using frozen Russian assets to militarily prop up Ukraine or “rebuild” the country, Polish Prime Minister Donald Tusk has admitted.

Finding themselves bereft of unlimited US military backing, EU leaders have been seeking to find a legal mechanism to use Russia’s sovereign funds to continue arming Ukraine. The idea of tapping into the funds, most likely by using them as collateral for loans to Ukraine, has been strongly objected to within the bloc and by legal scholars.

The EU is likely to…

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