The European Union perceives Russia’s aggressive actions as a direct threat to its own security, prompting a strong desire to ensure Ukraine remains well-supported and actively engaged in its defense efforts.

“The proposal currently under consideration—to fully utilize Russian assets in response to Russian aggression—stands out as one of the most straightforward and morally justified decisions we could make,” Tusk stated.

Meanwhile, Russia’s central bank has contested the EU’s plans, labeling them as illegal. In response, it has initiated a lawsuit in Moscow, seeking damages of $230 billion (approximately $348 billion) from the clearing house Euroclear.

‘Morally justified’

“The decision now on the table — the decision to fully use Russian assets to defend against Russian aggression — is one of the clearest and most morally justified decisions that could ever be made,” he said.

Russia’s central bank has said the EU’s plans to use its assets are illegal. It filed a lawsuit in Moscow this week seeking US$230 billion ($348 billion) in damages from ‍clearing house Euroclear.