MEP: Ukraine needs another €200B in financial aid from the EU to cover all necessary expenditures.

The EU should find an additional €200B to help Ukraine, as the €50B Ukraine Facility program does not solve all financing problems, said Viola von Cramon-Taubadel, a European Parliament member, during the Kyiv Security Forum.

She also noted that “there are enough financial opportunities to provide all financial needs for Ukraine to be more resilient in terms of its military.” Cramon-Taubadel emphasized that the source of these funds could be the Russian Federation’s frozen assets that are being held in Europe.

“Russia will have to pay in any case. It has to provide this compensation because of all the war crimes it has committed and the huge destruction it has caused,” said the MEP.

Stephen G. Rademaker, Assistant US Secretary of State during the Bush administration, noted that “the war will end someday, no matter what, and there will be negotiations.” Russia will demand the return of its $300B in assets frozen in the West as part of any negotiations, so these funds must be transferred to Ukraine before they begin.