Kyiv, Oct 11 (V7N) – Ukraine’s President Volodymyr Zelenskiy announced on Friday that he had discussed the “fair use” of frozen Russian assets with European Central Bank President Christine Lagarde, aiming to ensure that these resources could be used to support Ukraine’s defense and post-war recovery.
Zelenskiy’s remarks came in the wake of a large-scale overnight Russian air attack across Ukraine. He emphasized that the discussions focused on ways to protect Ukraine from Russia’s aggression and to rebuild life in the country. “We discussed how to ensure the fair use of frozen Russian assets to protect against Russia’s war and to help rebuild life in Ukraine. There are solutions for how this can be done,” he said, urging greater political will from European leaders to implement the measures.
In a later statement, Zelenskiy reiterated that the frozen Russian assets could be directed toward Ukraine’s defense needs and reconstruction efforts following the recent airstrikes. “We are getting closer to a decision on the assets, and I thank everyone who is helping,” he wrote on social media.
The European Central Bank, along with Ukraine and other international partners, has been exploring mechanisms to ensure that Russia’s frozen financial reserves are used transparently and effectively to mitigate the humanitarian and infrastructural damage caused by the ongoing conflict.
This development comes as Ukraine faces continued military pressure from Russia, with recent air raids targeting multiple regions. Officials stress that timely international cooperation and strategic deployment of resources are critical for maintaining both national defense and economic stability in Ukraine.
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