Kristersson Optimistic on Ukraine's Access to Frozen Russian Assets

Published:

Kristersson Optimistic on Ukraine's Access to Frozen Russian Assets
Photo: Thomas Traasdahl/Ritzau Scanpix/TT

The EU summit made few concrete progress on Ukraine support and buildup. But Prime Minister Ulf Kristersson (The Moderate Party) sees an opening for Ukraine to get a share of frozen Russian assets.

The informal summit that ended in Copenhagen last night was about EU leaders talking to each other, not making decisions.

The European Commission had proposed before the summit that Ukraine should be able to receive interest-free repair loans of up to 140 billion euros from frozen Russian assets in the EU. According to Commission President Ursula von der Leyen, the proposal received a positive response.

Kristersson believes that the opportunities for an EU agreement later on using the frozen Russian assets have "increased dramatically".

It hasn't sounded this positive in a long time, he says the day after the summit.

However, there are still countries that have objections. For example, Belgium, where most of the frozen assets are located, is afraid of being affected by Russian claims for damages.

Still blocking

EU President António Costa tested an idea to get Ukraine's membership negotiations started, which are being blocked by Hungary. The idea is that decisions to open different negotiation chapters should be able to be taken by majority decision and not require unanimity. However, Hungarian Prime Minister Viktor Orbán was clear that he does not intend to agree to it.

Kristersson does not think that Ukraine's President Zelenskyj is dissatisfied with the EU leaders' discussions.

I don't think he is at all surprised that Hungary is blocking a faster way into the EU. It's no news, says the Prime Minister.

The EU summit transitioned on Thursday to a larger European summit, EPC, where leaders from non-EU countries can also participate. Then Kristersson will meet Zelenskyj.

Not Nato

At Wednesday's EU summit, it was also discussed how the EU can support member states' armament through loan financing and by facilitating the build-up of a larger defense industry in various ways. The goal is for EU countries to be sufficiently armed by 2030 to deter Russia from starting new wars.

The European Commission will present a "roadmap" at the summit in Brussels at the end of October on how to achieve the goal, where concrete projects will be identified, such as a "drone wall".

But there is resistance to the EU dealing with defense issues.

The EU is not Nato. I think quite a few more than I expressed, albeit politely, says Kristersson.

It's important not to complicate the forms of cooperation.

Sweden also wants to protect its defense industrial cooperation with non-EU countries, such as the United Kingdom, the USA, Norway, and Canada.

Do not exclude good cooperation with other countries, says Kristersson.

Loading related articles...

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Spain Summons Israel's Top Diplomat Over Gaza Convoy Incident

Spain Summons Israel's Top Diplomat Over Gaza Convoy Incident

Tony Blair May Play Key Role in Gaza Recovery Plan

Tony Blair May Play Key Role in Gaza Recovery Plan

Delta Jets Collide at LaGuardia Airport Injuring One

Delta Jets Collide at LaGuardia Airport Injuring One

Stoltenberg: Sweden Was Not Isolated in NATO Membership Process

Stoltenberg: Sweden Was Not Isolated in NATO Membership Process

Gaza Flotilla Ship Mikeno Reaches Waters Amid Israeli Navy Boardings

Gaza Flotilla Ship Mikeno Reaches Waters Amid Israeli Navy Boardings

Trump Signs Decree to Defend Qatar's Security and Sovereignty

Trump Signs Decree to Defend Qatar's Security and Sovereignty

Mushroom Poisoning Convict Appeals Murder Verdict

Mushroom Poisoning Convict Appeals Murder Verdict

Chernobyl Power Outage After Russian Shelling of Transformer Station

Chernobyl Power Outage After Russian Shelling of Transformer Station

Colombia Expels Remaining Israeli Diplomats Amid Gaza Aid Tensions

Colombia Expels Remaining Israeli Diplomats Amid Gaza Aid Tensions

Sweden Monitors Situation as Greta Thunberg Detained en Route to Israel

Sweden Monitors Situation as Greta Thunberg Detained en Route to Israel

Ukraine as Europe's Security Guarantee for Peace

Ukraine as Europe's Security Guarantee for Peace

US Government Shutdown Sparks Political Tensions

US Government Shutdown Sparks Political Tensions

Chimpanzee Research Pioneer Jane Goodall Passes Away at 91

Chimpanzee Research Pioneer Jane Goodall Passes Away at 91

Pentagon to Use Lie Detectors to Curb Information Leaks

Pentagon to Use Lie Detectors to Curb Information Leaks

Chunk Wins Fat Bear Week Despite Broken Jaw

Chunk Wins Fat Bear Week Despite Broken Jaw

Hamas Members Arrested in Berlin for Alleged Attack Plans

Hamas Members Arrested in Berlin for Alleged Attack Plans

Kabul Celebrates as Internet Restored After Taliban Shutdown

Kabul Celebrates as Internet Restored After Taliban Shutdown

Pope Leo XIV: Supporting Death Penalty Contradicts Pro-Life Stance

Pope Leo XIV: Supporting Death Penalty Contradicts Pro-Life Stance

Kristersson: Sweden's Drone Defense Needs Are Longstanding

Kristersson: Sweden's Drone Defense Needs Are Longstanding

Hamas Seeks Changes to Trump's US Gaza Plan

Hamas Seeks Changes to Trump's US Gaza Plan