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Fico: Slovakia will not support the use of frozen Russian assets to finance the war in Ukraine

Slovakia will not agree to the use of frozen Russian assets to finance Ukraine's military spending, Slovak Prime Minister Robert Fico said, reports Bloomberg.

“Slovakia will not participate in any legal or financial schemes to recover frozen assets if these funds are spent on military spending in Ukraine,” Fico said in an interview with public broadcaster STVR.

Previously, Fico, who is called a supporter of a "Russia-friendly foreign policy," had already threatened to block sanctions against Russia. However, he eventually agreed, having received additional concessions. However, he categorically refused to confiscate Russian assets to finance Ukraine.

"Do we want to stop the war or are we just fueling it? We are going to give Ukraine 140 billion euros to keep the war going. So what does that mean? That the war will last at least two more years," — Fico stated.

Use of frozen assets of the Russian Federation

The publication recalled that the European Union is considering the possibility of using frozen assets of the Russian central bank to help Ukraine. However, the negotiations have not been successful so far. They were stopped by the position of Belgium, where most of the assets are stored. In this regard, Belgium seeks to obtain reliable guarantees that the risks associated with the proposed loans in the amount of 140 billion euros will be shared with other countries.

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