Zelenskyy: Ukraine cannot independently fund 800,000-strong military, partner assistance needed
Ukrainian President Volodymyr Zelenskyy has said that Ukraine cannot independently finance its Armed Forces at a strength of 800,000 personnel and is therefore considering partial funding with support from its international partners.
Source: Zelenskyy during an online briefing with journalists on Saturday 20 December
EU will eventually use Russian assets to pay for Ukraine war costs, Manfred Weber says
The European People’s Party president rebuffed Washington’s plan to benefit from the frozen assets.
The EU will one day use frozen Russian assets to help Ukraine, even though leaders failed to agree to do so at a summit this week, the head of the European People’s Party, Manfred Weber, told POLITICO in an interview on Friday.
“We will use the money for the repayments of the disaster that Russia has created,” Weber said, adding that the money could also be used to repay the EU’s loans to Ukraine.
On Thursday night, EU leaders were unable to convince Belgium, which holds most of the frozen Russian assets, to use them to send funds to Ukraine to help the war effort. Instead, leaders agreed on an emergency backup plan based on EU joint debt, with Hungary, Slovakia and the Czech Republic not taking part.
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