EU’s Kallas Backs Tapping Russian Assets Directly to Aid Kyiv
- Kallas briefs EU lawmakers during hearing for top post
- G7 deal involves funding from profits generated by assets
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The nominee for the European Union’s top foreign policy post said the bloc should tap some $300 billion in frozen Russian assets directly to fund the rebuilding of war-battered Ukraine.
Kaja Kallas, the former Estonian prime minister appointed to become the EU’s high representative, said member states should set aside qualms about direct asset seizures, citing Kyiv’s “legitimate claim” to the funds after being attacked by Russia.