Estonia's parliamentary commission backs using frozen russian assets to fund Ukraine

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Date

07 Nov 2023


The Constitutional Commission of the Estonian parliament supported the government's bill to use frozen russian assets for funding Ukraine.

 

The bill will now be sent to the parliament for the first reading. It needs to pass through the legislature and be signed by the president to enter into force.

 

"The money to compensate for the damages caused by russia in Ukraine should not come only from the taxpayers of other countries," Estonian Foreign Minister Margus Tsahkna commented.

 

The Estonian government estimates that assets worth around 38 million euros ($40 million) have been frozen in the country following international sanctions on russia.

 

Source: ERR