Should grab Russian reserves to rebuild Ukraine, says EU's Borrell

In Monday’s Financial Times (FT) interview, the European Union’s foreign policy chief, Josep Borrell, said that "the bloc should scrutinise the snatching of the preserved Russian foreign exchange reserves to assist Ukraine in succeeding in the war in

May 09, 2022 - 12:23 PM 265 views

Should grab Russian reserves to rebuild Ukraine, says EU's Borrell

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In Monday’s Financial Times (FT) interview, the European Union’s foreign policy chief, Josep Borrell, said that "the bloc should scrutinise the snatching of the preserved Russian foreign exchange reserves to assist Ukraine in succeeding in the war in order to pay for the rebuilding of the houses."

      Important Quotes

      While thinking logically, the European Union (EU) should do what the United States of America (USA) did with the Afghan Central Bank properties following the Taliban takeover of the Asian nation.

       Further, Borrell added, "We have money in our accounts but someone needs to clarify to me why it is right for the Afghan money and why not for the Russian money."

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