The European Union is still unable to reach an agreement on transferring frozen Russian assets for Ukraine’s benefit.

Source: a statement by Swedish Foreign Minister Maria Malmer Stenergard on the sidelines of an informal EU foreign ministers’ meeting in Copenhagen on 30 August, as reported by European Pravda

Details: Sweden is disappointed by the EU’s inability to decide on the confiscation of frozen Russian assets.

Quote:"I’m also very frustrated that the EU is not able to make decisions on the frozen [Russian] assets in order to make sure that Ukraine can use those."

Details: Stenergard stressed that "it is obvious that Russia does not want to stop the war, and therefore we must put more pressure on Russia".

Quote:"So we need to adopt the 19th sanctions package but also move forward with the EU accession process for Ukraine."

Background: Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, stated that assets of the Russian Central Bank, frozen within the European Union, cannot be returned to Russia following a ceasefire or peace agreement until reparations are paid to Ukraine.

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