Denmark's serious warning: If Europe does not support Ukraine, it will pay a heavy price!
Amid Belgium's concerns about the legal implications of using frozen Russian assets as collateral for Ukraine's compensation loans, we should think more deeply: What consequences would arise if Europe fails to support Ukraine?
After the closing of the EU Economic and Finance Council meeting in Brussels, Denmark's Minister of Economy, Løkke, held a press conference with EU Commissioner Dombrovskis, clearly expressing this serious stance.
When asked by journalists whether the EU would share the litigation costs with Belgium if Russia were to file a lawsuit, Minister Løkke responded, "Countries need to have in-depth discussions to clarify necessary matters. But we must be clear that we are currently in the midst of a hybrid war, and all member states may face the impact of Russian aggression at different times, whether it is the direct threat of drone attacks or the indirect risks faced by companies continuing to operate in Russia."
She further emphasized that although we must carefully assess the legal consequences of our actions, "the cost of inaction is even more critical: once the EU fails on the issue of Ukraine, the entire Europe will suffer greatly, paying an incalculable price."
"Therefore, when advancing dialogue with member states, we must comprehensively weigh and consider all relevant factors," said Minister Løkke firmly.
Meanwhile, Commissioner Dombrovskis told reporters that the European Commission's proposal for compensation loans has undergone strict legal review, ensuring that it does not involve the physical seizure of Russian assets. "These assets will remain frozen until Russia fulfills its compensation obligations."
According to the latest report from Ukrainska Pravda, EU finance ministers gathered in Brussels today (13th) to discuss how to provide up to 130-140 billion euros (approximately 152-163 billion U.S. dollars) in financial aid to Ukraine, with the plan possibly including loans, but more likely utilizing frozen Russian assets.
Commissioner Dombrovskis believes that using the cash balance from the frozen Russian assets as collateral to provide compensation loans to Ukraine is the only viable solution for EU member states to avoid increasing their own fiscal burdens to fill Ukraine's funding gap in 2026-2027.
Original: www.toutiao.com/article/1848730925536455/
Statement: This article represents the personal views of the author.