Ukraine will need $10-$15B aid annually after the war,

said Deputy Head of the Office of the President Rostyslav Shurma at the Ukrainian House in Davos. However, according to Shurma, this need can be satisfied if Ukraine receives frozen Russian assets currently held abroad. He clarified that it is much easier to legally regulate these funds’ provision to Ukraine than to confiscate other Russian assets.

According to the Minister of Foreign Affairs Dmytro Kuleba, Ukraine can restore all its infrastructure that has been damaged by the Russians with the assets currently held in just three EU countries. Kuleba disagrees with arguments about legal restrictions that allegedly prevent using Kremlin assets.

He said that the frozen assets of the aggressor in the UK, Luxembourg, and Switzerland alone are sufficient to repair of all Ukraine’s damaged infrastructure, including airports, bridges, and roads.

Also, the €180B in Russian assets held in the Euroclear Belgium (CSD) would be enough to restore hospitals and schools.