EU members disagree on arming Ukraine using Russian funds – Borrell ...News

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Unanimity is required to convert the money into weapons, the bloc’s foreign policy chief has said An EU plan to use profits from frozen Russian sovereign assets to buy weapons for Ukraine has so far stalled due to resistance from Hungary, the bloc’s foreign policy chief, Josep Borrell, has said. On Monday, EU foreign ministers approved a legal framework to impose a windfall tax on income from the immobilized funds, and to use 90% of them to back Kiev’s war effort against Moscow. The meeting in Brussels saw an intense debate between diplomats, a senior official told journalists after the discussion. Western nation

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