12
Mar
2025
Watch
Frozen Russian assets (debate)
Mr President, thank you very much. Today we adopted a landmark resolution for the future of European defence policy. It is not only the recognition of the East Shield as a leading project for the security of Europe. In our resolution there is a clear declaration that frozen Russian assets, state assets must be immediately used for the defence of Ukraine. This is no time for half-measures. Enough talk, it's time to act, because it's also about the credibility of Europe as an ally. The money of the terrorist state must be transferred to Ukraine. 300 billion euros could change the outcome of this war. The aggressor must bear responsibility for his destructive actions. International law allows for countermeasures. The Union must make use of all legal possibilities. We call for the immediate transfer of Russian capital to Ukraine. With these measures, Ukraine is undermining Russia's ability to wage war and deterring future aggression. The European Union must act decisively and delay only dares the Kremlin. Justice requires that it is the aggressor, not the European taxpayers, who bear the costs of defending Ukraine.