Ukraine is going to run out of money very soon, possibly as soon as February. Belgium based Euroclear put out a statement over the weekend clarifying their position. This is the organisation that handles payments between countries and where most of Russia’s frozen assets are held.

In the statement they said that any attempt by EU organisations to take the money would absolutely be illegal and they would have to fight any such move through the courts.

They also pointed out that if the assets were moved the damage to Europe's reputation would be catastrophic and put at risk the 40 trillion euros worth of business Euroclear handles in a year.

Euroclear also said that so far only the interest on the assets have gone to be used for loans to Ukraine but none of the capital. But they noted that funds held in other European countries had been taken by the EU.

This explains the discrepancy noted by many commentators who have said that the interest alone would not have been enough to cover the amount of loans given to Ukraine.

The bottom line would appear to be that the EU commission is not going to get their hands on the money without a long drawn out fight. That paired with the Trump admin refusing to give anymore money to Zelensky and the EU countries inability to raise large amounts any other way means that Ukraine will not get more than drips and drabs of monetary aid for the foreseeable future and certainly nothing like the $250 billion Zelensky says is needed over the next 2 years.


(Pro-Ukraine channel)
Pokrovsk's Final Days | Narrative Collapse - Strategic Defeat & Annihilation | Ukraine Map & News