9mo ago

EU agrees €3B raid on Russian assets to buy weapons for Ukraine

www.politico.eu EU agrees €3B raid on Russian assets to buy weapons for Ukraine

Late concession by Belgium paved way for deal on using profits to buy ammo for Kyiv’s war effort.

Late concession by Belgium paved way for deal on using profits to buy ammo for Kyiv’s war effort.

The EU approved a plan to use the profits generated by investing frozen Russian assets to buy weapons for Ukraine.

Ambassadors meeting in Brussels on Wednesday gave the go-ahead after Belgium signaled a climbdown on the way it treats tax revenue on the cash — the last major obstacle to deal.

The profits generated by investing Russia’s assets immobilized in Belgium— where a large part of the assets frozen in Europe are kept — are worth between €2.5 billion and €3 billion per year.

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Why do I keep reading the comments on shit like this?
- Do I dare to ask what you mean? Tankies?
  
  Pretty much, yeah. It’s just sort of depressing seeing what people think(?) and then spend their time writing.
  When it comes to Russia - Ukraine war, I think people outside of Russia’s doorstep have really weird, theorethical, warped perception of what it means and how it impacts the region.
  It can probably be said about most wars, the people the closest to it are the most aware of the nuances, history and reprocussions of it, but since this is such a high profile, global system shaking war, a lot more people feel like pitching into the conversation and from what I see in the comments under articles like this, the people who decide to leave a comment either haven’t lived under authoritarian rule or haven’t lived in a post-authoritarian rule society.
  I’m trying to choose my words carefully here because I don’t want to bash communism and make it seem inherently opressive, although I think there are better socialist alternatives to communism.
  So what I mean is, I get bummed out when I see comments that feel completely detached from reality and I should just stop reading the comments under these threads.
  
  Yeah, people who don't remember what communism actually did somehow hate reading about it, except some cherry picked slogans.

22 comments