The yearly package of €3 billion raised from profits on frozen Russian assets is “almost nothing” in the context of Ukraine’s war needs, Justice Minister Denys Maliuska told POLITICO.
The EU on Wednesday approved a plan to use the profits generated by investing frozen Russian assets in Europe — worth between €2.5 billion and €3 billion per year — to buy weapons for Ukraine.
However, as Ukraine grapples with shortages of ammunition, the country’s justice minister was critical of how far those funds could go.
“If we are talking about the needs of Ukraine and the needs of the war, military and non-military, €3 billion is actually almost nothing— we need hundreds of billions in order to win the war,” Maliuska told POLITICO at the G7 justice ministers’ meeting in Venice on Thursday.
“It’s a good first step,” he said.
Since Moscow launched its full-scale invasion of Ukraine in February 2022, the EU has immobilized more than €200 billion of Russian state assets to help Kyiv’s reconstruction efforts.
@PolicyFrankGreen2wks2W
The situation in Ukraine is on the brink of calamitous escalation. Do the military imperialists in Washington and their lackeys in Europe have any idea the danger they are courting? They are conducting foreign policy as if it were a game of “chicken”
DC knows exactly what it’s doing.
They’re escalating war so they can profit off of it.
This isn’t a new playbook they’re using here.
And when Ukraine is leveled the U.S. will make trillions “rebuilding” it.
We’ve seen this all before and it’s disgusting.
@Freedom762wks2W
One simple step could end their imperialistic delusions – end the Federal Reserve. Ron Paul had it right – the Fed is what allows them to print all the money necessary to try to establish an empire, take over the world, police foreign conflicts, and prop up regimes like Zelensky's. If they can't print money, 90% of the federal government would be annihilated – which would solve most of this country's problems.
UPDATE: Israel is running low on artillery shells. Biden insisted there were no tradeoffs and depleted our stockpiles in Ukraine.
America didn’t produce enough artillery shells to supply both Ukraine and Israel; now Biden has cut off Israel. Some of those most outraged were strong advocates for giving Ukraine everything it wanted. They have no one to blame but themselves for depleting America’s arsenal on a proxy war with little or no strategic value. Failure to prioritize is a hallmark of neocon thinking.
"Boris Johnson’s former top adviser Dominic Cummings launched a sweary attack on Western support for Ukraine Thursday.
In an interview with the i newspaper, Cummings — who led Britain’s Vote Leave Brexit campaign and spectacularly fell out with Johnson in 2020 — declared that the West “should have never got into the whole stupid situation” and claimed sanctions agains"
@ISIDEWITH2wks2W
@ISIDEWITH2wks2W
Should there be limits to how much financial aid a country in war gets, and who should decide these limits?
@9MDCX432wks2W
I believe that the concerns people have about the aid being sent to Ukraine are misguided. We aren't sending them cash, we're sending them military equipment. And much of the equipment we are sending them is outdated weaponry that's been sitting around since the Cold War. I have no problem with sending billions of dollars worth of this technology for Ukraine to use to fend off the Russian military, as even this outdated tech is sufficient to stave off Russia, which has proven to be just a paper tiger. These billions of dollars worth of warfare equipment don't have any benefit to the average American citizen, so sending it to Ukraine is not something we are doing instead of helping the average American. It's not a trade-off and we can do both.
@ISIDEWITH2wks2W
Do you think it's fair for Ukraine to demand 'hundreds of billions' more for war efforts?
@9MD8MD42wks2W
I don’t think that the United States should fund any foreign wars at the expense of their own country. According to the politics in place such as NATO, the United States shouldn’t be overreaching with nations not paying nor participating in the alliance.
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