The possibility of employing Russian frozen assets to support Ukraine continues to be considered, contingent upon Viktor Orbán’s decision to retract his veto following the April 12th elections. High Representative Kaja Kallas made this statement amidst persistent disagreements and heightened tensions. Orbán’s obstruction of the 9 billion euro loan has stemmed from a fundamental disagreement with Kyiv regarding the Druzhba oil pipeline.
This pipeline has remained inactive since the end of January, fueling the situation. His actions have become a key element in his vigorous campaign for reelection, as reported by Telegrafi. “The loan we are currently striving to deliver, which was agreed upon at the end of last year, was actually Plan B,” Kallas explained during her visit to Kyiv on Tuesday.
“Plan A involved the utilization of frozen assets.”
Kallas emphasized the urgency of the situation, highlighting the continued need for financial assistance to Ukraine. The core issue remains Orbán’s veto, and the potential for utilizing these assets hinges on his willingness to reconsider his position.
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Kallas maintains that Russian holdings present a viable solution provided Orbán lifts his objection concerning Ukrainian financing.
Kallas maintains that Russian holdings present a viable solution provided Orbán lifts his objection concerning Ukrainian financing.