In recent years, the European Commission has decided to allocate 90% of the income from frozen Russian assets from Europe to the purchase of armor for Ukraine. According to the data of the European Commission, it is urgent to set 2.5 to 3 billion euros.

However, the European Union will limit assistance to Ukraine to the income that has accumulated after 15 December 2024. Thus, the proceeds amounting to 5 billion euros, withdrawn until now during 2022 and 2023, will be lost in the Euroclear depository in Brussels.

According to Euroclear, these funds are used to pay for current and potential ship calls due to the war in Ukraine. However, Ukraine opposes such demarcation. Minister of Justice Denis Malyuska called the decision a pardon.

Experts from the law indicate that they will arrest the profit retroactively as a legal “mine field”, which explains why the proposal of the European Commission does not save the income withdrawn in 2022 and 2023.

It is certain that Euroclear may transfer 10% of the insurance margin to the European Union, since the legal risks do not materialize until 2027. However, it is worth losing the insurance margin, and not the 5 billion euros in profit withdrawn in 2022 and 2023.

e-news. com. ua.