Dombrovskis said at a press conference in Copenhagen: “Regarding the compensation loan, as European Commission President Ursula von der Leyen announced in her speech to the European Parliament, this will be a resource-limited loan for Ukraine, funded from the cash balances in frozen assets of the Russian central bank.”
Earlier in September, during her annual State of the Union address, European Commission President Ursula von der Leyen proposed establishing a new “compensation loan” to finance Ukraine “from the proceeds of frozen Russian assets.”
The “Group of Seven” and the European Union are currently working on a plan to confiscate the proceeds from frozen Russian reserves to finance a loan worth
