European Council President Charles Michel assures that concrete steps to use the proceeds from frozen Russian assets will be taken very quickly so that the first 1 billion euros will be allocated to Ukraine, including for military aid, as early as July 1 this year.
“We have taken a very important decision by making it possible to postpone unexpected revenues – and this is a proposal from the European Commission – and we are determined to act very quickly so that we can take some of this money to support Ukraine, including the possibility of (supporting) military equipment. This demonstrates that the 27 leaders who were around the table understand the gravity of the situation,” he said Thursday in Brussels at a news conference after the European Council meeting.
Michel is convinced that the necessary steps to make the mechanism work will be taken “very quickly”. “These proposals were presented by the Commission yesterday. There is considerable support in the European Council for this approach,” the European Council president said.
According to Michel, the Belgian presidency confirmed that it too “intends to work with all colleagues very quickly”. “This is really very important because there will be more opportunity to support Ukraine with military equipment, with what is urgently needed,” he emphasized.
European Commission President Ursula von der Leyen, in turn, said she was pleased that the leaders had approved the use of emergency revenues from immobilized Russian assets. “This will provide funding to supply Ukraine with military equipment. We can expect to be able to raise €3 billion in 2024 and a similar amount in future years… There is strong support to use the windfall revenues from immobilized assets for military support to Ukraine. I told the leaders that if we act quickly to finalize our proposals, we can disburse 1 billion as early as July 1. The assets are in our hands and if we are quick, there will be concrete actions in the summer,” she explained.
CHARLES MICHEL, EUROPEAN COUNCIL, MILITARY AID, RUSSIAN ASSETS, UKRAINE
The 29th Ukrainian Antarctic expedition has arrived at the Akademik Vernadsky station, the changeover of annual teams has started, the Ministry of Education and Science of Ukraine reports.
“On the “Akademik Vernadsky” began the reshift of annual expeditions. On the night of March 20-21 (Ukrainian time) our ship “Noosphere” delivered to the station the 29th Ukrainian Antarctic expedition, which should replace colleagues from 28 UAE”, – stated in the message of the press service of the Ministry.
It is noted that in the coming days will continue to unload the icebreaker, in particular polar explorers should transfer to the shore 50 tons of cargo and 140 tons of fuel needed for the next year of wintering.
Also, scientists and specialists of the 28th UAE will hand over cases to the team of the 29th expedition.
France has increased defense spending, some of which will be invested in production in Ukraine, Ambassador Extraordinary and Plenipotentiary of the French Republic to Ukraine Gael Vesierre has said.
During the 16th annual Kyiv Security Forum founded by Arseniy Yatsenyuk’s Open Ukraine Foundation, the Ambassador noted that France’s defense spending exceeded 2% of GDP.
Regarding investments in defense, the diplomat stressed that investments are also needed to produce in Ukraine what the Ukrainian Armed Forces need.
“We say: if we can start such production in Ukraine, we should do it,” Vesier said.
He also called for supporting Ukraine to achieve victory.
“Let’s imagine for a second if Russia wins. It means that Russia can destroy a neighbor and the international community can do nothing in response. It means that many countries will say: we now need to join the nuclear club because our security is at risk. It will be a more risky and unstable situation than today,” the French diplomat emphasized.
The 16th annual Kiev Security Forum, organized to mobilize transatlantic support for Ukraine, is taking place March 21-22.
Number of refugees from Ukraine in selected countries as of 31.12.2023
Source: Open4Business.com.ua and experts.news
Quotes of interbank currency market of Ukraine (UAH for 1 PLN, in 01.12.2023-31.12.2023)
Source: Open4Business.com.ua and experts.news
Indonesia has completed the counting of votes in the presidential election, which resulted in the election of Defense Minister Prabowo Subianto as the new head of state, The Jakarta Post reported on Wednesday, citing data from the election commission.
Subianto has 58.6 percent of the vote – enough for the candidate to be declared the winner of the election without a runoff. His rivals, former Jakarta governor Anis Baswedan, have 24.9% and Ganjar Pranowo has 16.5%.
General elections in Indonesia were held back on February 14. The counting of votes and publication of results in the country takes up to 35 days.
According to the Indonesian constitution, the presidency is limited to two terms.
Earlier the analytical center Experts Club included the elections in Indonesia in the list of the top 10 most significant for the world, more video about it is available at the link – https://youtu.be/73DB0GbJy4M?si=5s1DXFwl0AkoYtfG.
