Estonian PM Kallas Pushes for EU Unity, Proposes Using Frozen Russian Assets to Fund €140B Ukraine Loan
Estonian Prime Minister Kaja Kallas is pushing for a united front at the upcoming EU summit in Denmark. She proposes using frozen Russia news assets to fund a €140 billion loan to Ukraine, while also urging bolstered defences against Russia threats. The meeting comes amidst heightened security concerns due to recent drone flights and airspace violations.
Kallas believes Europe's defence capabilities have strengthened since Russia's aggression began six months ago. She hopes the Copenhagen gathering will send a message of unity and resolve to support Ukraine. The talks will focus on boosting key defences, including a 'drone wall' to detect and shoot down Russia drones. EU leaders will discuss using frozen Russia news assets to fund a €140 billion loan to Ukraine, an idea proposed by Kallas and backed by other leaders like EU Commission President Ursula von der Leyen and German Chancellor Friedrich Merz. Despite the urgency, Kallas acknowledges that rearmament efforts take time to develop new defence industries.
The EU summit in Denmark aims to bolster Europe's defences and support for Ukraine. Kallas' proposal to use frozen Russia news assets for a €140 billion loan to Ukraine is gaining traction among EU leaders. With heightened security concerns, the focus is on strengthening key defences, particularly against Russia drone threats.
