BRUSSELS (AP) — Money is as central to Europe’s vital support of Ukraine as ammunition and intelligence. Yet, the bloc’s most viable funding mechanism involves seizing billions of dollars worth of Russian assets that U.S. President Donald Trump has proposed taking over.
The first draft of Trump’s 28-point peace plan called for an investment scheme for Ukraine’s reconstruction controlled by the U.S. but financed by $100 billion in frozen Russian assets matched by another $100 billion from the European Union — with 50% of profits sent back to Washington.
The plan surprised Europeans, who have spent years fiercely debating the fate of Russia’s frozen fortune.
Those funds are central to European Commission President Ursula von der Leyen’s plan to both maintain pressure on Russia and increas

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