European Commission President Ursula von der Leyen reported on Twitter that she had called to establish a specialised UN-supported court to investigate and prosecute the crime of Russian aggression.
"Russia must also pay financially for the devastation that it caused. The damage suffered by Ukraine is estimated at 600 billion euros. Russia and its oligarchs have to compensate Ukraine for the damage," she said.
The European Commission President added that soon the EU might create a structure with partners that would manage and invest the money. Then these assets will be used for the benefit of Ukraine.
Russia must pay for its horrific crimes.— Ursula von der Leyen (@vonderleyen) November 30, 2022
We will work with the ICC and help set up a specialised court to try Russia’s crimes.
With our partners, we will make sure that Russia pays for the devastation it caused, with the frozen funds of oligarchs and assets of its central bank pic.twitter.com/RL4Z0dfVE9
“We have blocked 300 bn euros of the Russian Central Bank reserves., and we have frozen 19 bn euros of Russian oligarchs’ money,” Ursula von der Leyen noted.
The losses of the Ukrainian economy from the war are expected at a level of 33-35% of GDP. This forecast was made by Finance Minister Serhiy Marchenko.