Polish Presidency: EU Council will examine all options for using frozen Russian assets.


The EU Council will focus on implementing the political directives adopted at the Special European Council on March 6 and will consider possible solutions for using frozen Russian assets. This was stated by Poland's Minister for European Affairs Adam Szłapka during a plenary session of the European Parliament, as reported by Ukrinform.
'Allow me to respond to the calls of some deputies regarding frozen assets. Last year, G7 leaders agreed to use the proceeds from blocked Russian assets to cover loans provided to Ukraine by the EU and G7 amounting to 50 billion dollars. The EU Council will examine all possible solutions in cooperation with our international partners,' Szłapka stated.
The Minister also emphasized that the Special European Council made significant progress last week in strengthening the security and defense of Europe, but the EU Council still has important work to do related to the implementation of the decisions taken.
'The Council is ready to do its job and support the conclusions of the Special European Council with the necessary urgency, particularly in creating the necessary tools to strengthen EU security and accelerate the development of its technological and industrial base,' Szłapka emphasized.
Regarding preparations for the next European Council, which will take place on March 20-21, the Polish Minister noted that economic issues will be discussed at the leaders' meeting. At the same Time, considering the rapidly changing international context, the heads of EU countries will also continue to discuss topics raised at the Special European Council on March 6.
'We all understand the great role that Ukraine plays. Allow me to add to my unwavering support that only a comprehensive, just, and lasting peace in Ukraine can stop the Russian aggressive war. We must achieve peace through negotiations with Ukraine and its legitimate authority under the leadership of President Volodymyr Zelensky. This peace must involve Europeans, as its security directly concerns them. We must have security guarantees,' highlighted the representative of the Polish Presidency in the EU.
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