Europe’s “ace card” is $218B in frozen Russian assets. That money could replace U.S. funding for six to seven years. The question is: Will they use it to cripple Putin’s war machine or keep waiting?
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Oh, absolutely—they’ll sit on it, host some more “urgent” meetings, and maybe draft a sternly worded memo Putin can use to prop up a wobbly table in the Kremlin. Wouldn’t want to actually win or anything. Much better to let the war drag on while they debate the ethics of inconveniencing a dictator.
It must be noted that Russia controls significant areas where Ukraine’s rare mineral deposits, are located, particularly in the Donetsk and Luhansk regions. Access and development of these resources are dependent on Ukraine regaining control of these territories. https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375
They are holding onto it to pay for the rebuilding. Hopefully, they will have the sense to at least try and split some off to fund more weapons, but where do they get them
It's two edge sword. Seizing it may have negative consequences for reserve banks in money capitals such as London and Antwerp. Or so I've read due to other sketchy countries such as Gulf States shifting assets away.
They absolutely should. Be brave Starmer, Macron,new German Chancellor, Meloni. That is exactly what that money should be used for and Canada already said it would use $5billion of frozen Russian assets to support Ukraine.
We need to stop Russia once and for all for thr safety of Europe. If he is allowed to rearm we will be too late. We also don't know what the US will do. Will they sit back or will Putin use their forces once embedded fully? The time is now.
I’ll be thrilled if Europe pulls this off without Trump’s help. Geopolitics not my forte but wouldn’t it suck the wind out of Trump’s sails if he saw that the world doesn’t need him?
In my meager opinion;it will augur for great start…
What the doofuses currently in charge of our affairs;Kremlin loving assholes of maga scallawags installed morons on steroids;what they’re doing to tarnish this great nation’s standing especially with our allies is downright ridiculous& destructive!
Apparently keep protecting Russia.
Germany and France said they don't want to touch Russian assets because it would deter China from parking theirs in their countries, TELLING China if they attack Taiwan - New Zealand or ANYONE Europe won't touch their assets.
Ukraine should sell their mineral rights to Consortium of European nations. They'd be more honest and they're more geographically accessible. Tie that to NATO membership as well.
I think the group has already been ramping up various tools to deal with Putin. They need more production, boots, and patriot missiles. They have been like Tree Ents and it is time to move.
BTW, Putin's war machine is choking itself to death. The loss of 20% of Russia's refining would be great.
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Crush Russia then Trump. 🙏
#Ukraine can even win the war with the help of these funds, when released to purchase attacking weaponry to inflict a bloody nose.
#SlavaUkraini
🙏🇺🇦✊🇪🇺
What the doofuses currently in charge of our affairs;Kremlin loving assholes of maga scallawags installed morons on steroids;what they’re doing to tarnish this great nation’s standing especially with our allies is downright ridiculous& destructive!
Germany and France said they don't want to touch Russian assets because it would deter China from parking theirs in their countries, TELLING China if they attack Taiwan - New Zealand or ANYONE Europe won't touch their assets.
BTW, Putin's war machine is choking itself to death. The loss of 20% of Russia's refining would be great.