Scholz: proceeds from Russia’s frozen assets will be used to buy weapons for Ukraine

Scholz: proceeds from Russia's frozen assets will be used to buy weapons for Ukraine

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German Chancellor Olaf Scholz said at a joint press conference with the leaders of France and Poland that proceeds from frozen Russian assets will be used to buy weapons for Ukraine.

Scholz clarified that we are talking about income from Russian assets that were frozen in Europe.

According to him, they will be used “to financially support the purchase of weapons for Ukraine.”

The specific implementation of this step, according to the German Chancellor, will be discussed by the defense ministers of NATO and allied countries on Monday in Ramstein.

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