Reuters reports that the EU is considering a new scheme to finance itself:
[https://www.reuters.com/business/finance/eu-executive-floats-idea-reparations-loan-ukraine-based-frozen-russian-assets-2025-09-10/]
"This is Russia's war. And it is Russia that should pay. This is why we need to work urgently on a new solution to finance Ukraine's war effort on the basis of the immobilised Russian assets," von der Leyen said in a speech.
"With the cash balances associated to these Russian assets, we can provide Ukraine with a Reparations Loan. The assets themselves will not be touched. And the risk will have to be carried collectively," she told the European Parliament.
Profits generated by the $300 billion Russian central bank assets immobilised in G7 countries after Moscow invaded Ukraine in 2022 are already going to Ukraine. The G7 agreed on a $50 billion loan to Kyiv that will be paid back from the profits generated by the assets, effectively making the loan a grant.
According to her narrative, the proxy war is nothing to do with either NATO or Ukraine so it's OK to steal money from Russia on the assumption that Russia will pay back the money stolen from them as 'reparations'.
The neat twist is that this money will be loaned to Ukraine for these 'reparations' and any loan probably subject to conditions like using EU companies to actually carry out the reparations work.
So the EU uses Russian money to pay itself whilst virtue-signalling their support for Ukraine.
So the EU uses Russian money to pay itself whilst virtue-signalling their support for Ukraine.
Neat huh. See how they did that?