The Ukrainian president wants to use Russian assets seized in world banks to rebuild the war-torn country.

President Zelensky has called for some of the Russian billions seized by world banks to be sent to rebuild Ukraine.

The G7 group is considering taking only the rise in value and interest due since the assets were frozen in 2020.

But the Ukrainian president told the BBC all of the money should be used. “If the world has $300bn - why not use it?”, he said.

The BBC understands central bankers in Europe have concerns over undermining banks’ safe haven status.

  • Lemminary@lemmy.worldEnglish
    61·
    6 months ago

    Beggar? What else do you expect him to do to save his country other than to raise support and call for help when facing a country many times their size?