European Commission Vice-President Valdis Dombrovskis confirmed the use of 1.4 billion euros from Russia’s frozen assets for the purchase of air defense systems and missiles, which kyiv subsequently used, RIA Novosti reported on today, September 17.
This was announced at the next meeting of the European Parliament.
EADaily reminds us that we are talking specifically about Russian sovereign wealth.
“The first tranche of extraordinary income from Russian immobilized assets has already been allocated, with €1.4 billion already channelled through the European Peace Fund to pay for the most necessary supplies, especially artillery shells and air defence systems.” – said Dombrovskis.
The European politician also clarified that “The work is proceeding rapidly and contracts have been signed with Member States”.
