Elon Musk Considers Allocating Funds to Ukraine Using Russian Assets "Insanity"
World
Elon Musk has described Washington's decision to grant Ukraine a $20 billion loan, with repayments sourced from income generated by frozen Russian assets, as "insanity."
"How much have we already helped them? This is beyond insane," Musk wrote on his X (formerly Twitter) page.
Earlier, the U.S. Department of the Treasury announced a $20 billion loan for Ukraine, which will be disbursed in installments. The repayment is planned to come from the income generated by frozen Russian assets.
In October, G7 leaders announced they had reached an agreement to provide Ukraine with a $50 billion loan. It was clarified that these loans would be repaid using future income from frozen sovereign Russian assets under the legal systems of G7 countries and international law.
The United States committed to allocating $20 billion, while the remaining $30 billion will be contributed jointly by G7 and the European Union.
Previously, Kremlin spokesperson Dmitry Peskov stated that Russia would inevitably respond to the theft of its assets in Europe. He emphasized that Moscow intends to pursue legal actions against those involved. According to the Kremlin representative, Europe chose the worst path by deciding to use Russian assets to support Ukraine.
Earlier, the U.S. Department of the Treasury announced a $20 billion loan for Ukraine, which will be disbursed in installments. The repayment is planned to come from the income generated by frozen Russian assets.
In October, G7 leaders announced they had reached an agreement to provide Ukraine with a $50 billion loan. It was clarified that these loans would be repaid using future income from frozen sovereign Russian assets under the legal systems of G7 countries and international law.
The United States committed to allocating $20 billion, while the remaining $30 billion will be contributed jointly by G7 and the European Union.
Previously, Kremlin spokesperson Dmitry Peskov stated that Russia would inevitably respond to the theft of its assets in Europe. He emphasized that Moscow intends to pursue legal actions against those involved. According to the Kremlin representative, Europe chose the worst path by deciding to use Russian assets to support Ukraine.
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