EconomyPoliticsWar The EU and Ukraine are exploring methods to safe reparations from Russia. Tuesday, April 29, 2025
Rebuilding Ukraine after the Russian-instigated battle will likely be expensive, with present estimates round £400B. As a part of a peace deal advocated by US President Donald Trump, £225B ($300B) of Russian state belongings frozen overseas might be allotted for this function, in keeping with political scientist Mark Galeotti.
“Moscow will ostentatiously spit and scream, however in actuality, it’ll view this as a way of paying reparations with cash it’ll by no means get well,” remarked one European diplomat.
Analysts additionally emphasize that any chance of reclaiming Russian-occupied territories and undermining Putin’s authoritarian regime will depend on creating a profitable and secure Ukraine in the long run. The concern of latest aggression from Russia will persist, however Kyiv will undertake a “hedgehog technique”: It is going to make itself so prickly that Moscow will suppose twice earlier than resuming hostilities.
Furthermore, the NBU believes that confiscating Russian belongings is not going to considerably affect the euro’s function on the earth. Nonetheless, Ukraine’s Prime Minister Denys Shmyhal said that Russia’s frozen belongings alone is not going to be enough to revive Ukraine. Due to this fact, extra funding sources have to be sought.