The EU could issue bonds backed by the funds to reconstruct Ukraine, Warsaw says Polish Prime Minister Mateusz Morawiecki proposed to the European Commission on Friday that bonds be issued, backed by the “confiscated” funds from Russia and its citizens. The assets have been frozen by the EU, and officially have not been confiscated. According to the premier, “the European Commission says that today there are no new funds in the budget, and there are none in the new budget either.” Morawiecki pointed to a new source of funding, which is “the confiscated property of the Russian Federation, located in banks in Wester
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