EU Says Russia Must Pay for Ukraine Reconstruction

EU foreign policy chief Josep Borrell. EPA
EU foreign policy chief Josep Borrell. EPA
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EU Says Russia Must Pay for Ukraine Reconstruction

EU foreign policy chief Josep Borrell. EPA
EU foreign policy chief Josep Borrell. EPA

EU foreign policy chief Josep Borrell said at regional security talks Thursday that he planned to discuss with his counterparts any available legal means to ensure that Russia pay for the reconstruction of war-torn Ukraine.

Borrell spoke at the start of this year's two-day ministerial conference of the Organization for Security and Co-operation in Europe (OSCE) in the central Polish city of Lodz.

"I will meet with my colleague foreign ministers today... We will explore all legal possibilities to make sure that Russia will pay for the destruction it's causing in Ukraine," Borrell told reporters.

According to AFP, he recalled that the EU has frozen Russian assets worth nearly 20 billion euros since Moscow invaded Ukraine, and that Western sanctions have also led to the freezing of 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.

"These reserves are blocked. But from being blocked to being seized is a strong difference," Borrell said.

"And there are legal procedures that have to be studied. But our proposal is on the table... Russia has to pay for the reconstruction of Ukraine."

Poland is hosting this year's ministerial conference as the country currently holds the rotating chairmanship of the OSCE, whose members include both Russia and Ukraine.

Warsaw refused to allow Russian Foreign Minister Sergei Lavrov, under European sanctions, into Poland for the conference, triggering an angry response from Moscow.

Russia's delegation at the conference is instead being led by its permanent representative to the OSCE Alexander Lukashevich.

"The West is doing exactly what the OSCE was created to counter –- it is creating dividing lines," Lavrov told reporters on Thursday.

He added that "our Polish neighbors have been diligently digging the grave for this organization all year, destroying the remnants of the culture of consensus."



Zelenskiy Urges Trump to Be on Ukraine’s Side, Says Putin Not Afraid of Europe 

Ukraine's President Volodymyr Zelenskiy speaks during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2025. (Reuters)
Ukraine's President Volodymyr Zelenskiy speaks during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2025. (Reuters)
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Zelenskiy Urges Trump to Be on Ukraine’s Side, Says Putin Not Afraid of Europe 

Ukraine's President Volodymyr Zelenskiy speaks during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2025. (Reuters)
Ukraine's President Volodymyr Zelenskiy speaks during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2025. (Reuters)

Ukraine needed broader security guarantees and Russian President Vladimir Putin was not afraid of Europe, Ukrainian President Volodymyr Zelenskiy told Fox News in an interview in which he urged US President Donald Trump to be on Ukraine's side.

Trump, who took office on Jan. 20, has promised to end the Russia-Ukraine war soon, without saying how. Aides have suggested that a deal could take months.

Trump has expressed willingness to speak to Putin about ending the war, a contrast with the administration of Democratic former President Joe Biden, who shunned the Russian leader.

Trump's election win in November had sparked hope of a diplomatic resolution to end Moscow's invasion of Ukraine that began in Feb. 2022, but it also led to fears in Kyiv that a quick peace deal could come at a high price for Ukraine.

"We want him (Trump) to be on the side of justice, on the side of Ukraine," Zelenskiy said in the interview aired on Tuesday night. "Putin is not afraid of Europe."

Zelenskiy added Ukraine cannot recognize Russia's occupation, but it preferred a diplomatic resolution.

The White House had no immediate comment.

After the Russian invasion began, the United States under Biden committed over $175 billion in aid for Ukraine, including over $60 billion in security assistance. It was uncertain if the aid would continue at that pace under Trump.