(ANSA) - BRUSSELS, MAY 30 - Estonia, Latvia, Lithuania and
Slovakia, in a joint statement viewed by Ansa, called on the EU
to "identify legal ways to maximize the use" of frozen assets of
Russian individuals and entities as well as the Russian Central
Bank "as a source of funding" to support "both the costs of
Ukraine's efforts to resist Russian aggression, as well as the
post-war reconstruction of the country."
"The Russian state," the note reads, "must be held responsible
for its unjustified military aggression against Ukraine and the
war crimes committed against the population, in line with the
principle that the aggressor pays.' Therefore, a substantial
portion of the costs of Ukraine's reconstruction, including
compensation for the victims of Russian military aggression,
must be covered by Russia."
"The confiscation of state assets, such as central bank reserves
or property of state-owned enterprises, has a direct connection
and an effect in this regard," the note adds, recalling that to
date have been frozen "about $300 billion out of the $640
billion that the Russian Federation had accumulated in its
foreign exchange reserves." (ANSA).
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