Wednesday, May 08th
Last update06:16:52 AM GMT
International Ukraine war briefing: put all seized Russian earnings into the fight, EU leaders told
European Union foreign policy chief Josep Borrell says that he will propose that the EU use 90 percent of the revenues from Russian assets frozen in Europe to buy arms for Ukraine via the European Peace Facility fund.
The EU's top diplomat told reporters in Brussels on March 19 that he would propose that the remaining 10 percent be transferred to the EU budget to be used to boost the capacity of the Ukrainian defense industry.
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