Europe To Use Frozen Russian Profits To Buy Arms For Ukraine

French President Emmanuel Macron, German Chancellor Olaf Scholz, and Polish Prime Minister Donald Tusk pose at a press conference in Berlin on March 15.

Ukraine's European supporters will use profits on frozen Russian assets to finance arms purchases for Kyiv, German Chancellor Olaf Scholz said on March 15 following a meeting with his French and Polish counterparts in Berlin. Scholz, French President Emmanuel Macron, and Polish Prime Minister Donald Tusk reaffirmed their support for Ukraine at the meeting. Scholz told a joint news conference afterward that the “windfall” profits from Russian assets frozen in Europe would support arms purchases. European support has become increasingly key as U.S. President Joe Biden has been unable to get a big Ukraine aid package through Congress.