Austria Supports Utilizing Frozen Russian Assets to Aid Ukraine

April 17, 2025 - 18:26

Austria’s newly appointed finance minister, Markus Marterbauer, has expressed strong support for the proposal to use frozen Russian central bank assets as a means to bolster Ukraine's defense efforts. This initiative aims to provide critical financial assistance to Ukraine amid its ongoing conflict, emphasizing Austria's commitment to supporting international solidarity and humanitarian efforts.

Marterbauer highlighted the importance of leveraging these frozen assets to ensure that they serve a purpose in aiding those affected by the war. He believes that utilizing these funds could significantly enhance Ukraine's capabilities to defend itself and contribute to the broader goal of restoring peace in the region.

The proposal aligns with growing calls from various European nations to find innovative solutions for supporting Ukraine while holding Russia accountable for its actions. Austria's stance reflects a proactive approach in addressing the challenges posed by the conflict and underscores the necessity of international cooperation in times of crisis.