alt Hacker NewsThat's right, but Ukraine got $90B from Europe knowing most of it would come back for equipment purchases. Also - I think that EU is going to try to figure out a way to get that Russian money.
If they can't, then the EU should not exist - literally. It's decisive evidence that the bureaucracy can't even face an existential threat on it's own existence because it can't organize it's own legal concerns.
"We remained lawfully committed to juducial integrity and processes ... as we were exterminated!"
This situation is similar to 'many other things' (capital markets, tech investment, border/migration concerns etc.)
Replies
> If they can't, then the EU should not exist - literally. It's decisive evidence that the bureaucracy can't even face an existential threat on it's own existence because it can't organize it's own legal concerns.
> "We remained lawfully committed to juducial integrity and processes ... as we were exterminated!"
If you're happy being governed without process or accountability, why not just surrender to Russia? If the EU can't maintain its principles when things get tough then what's the point in having it at all?
> "We remained lawfully committed to juducial integrity and processes ... as we were exterminated!"
The rule of law, including judicial integrity, is their great strength. Corrupt dictatorships never are as wealthy and as powerful. Russia has always been far behind, and is falling further.
If Russia is an existential threat to EU, wouldn't it make sense to confiscate that money and declare war on Moscow ? Either that or Russia is not a threat.
> That's right, but Ukraine got $90B from Europe knowing most of it would come back for equipment purchases.
Thats standard for military aid to other countries. Almost all US military aid to Ukraine was spent in the US for equipment purchases. The benefit for Ukraine is getting the weapons to use in the war, although it's worth noting a decent portion of the military aid will be spent by ukraine on domestic manufacturers.
Also €30 billion is financial and humanitarian aid, almost all of which will be spent in ukraine proper.
> Also - I think that EU is going to try to figure out a way to get that Russian money.
It's already sending the interest on the money to Ukraine, that alone is worth billions a year.
Simply seizing the rest is more complicated and additionally probably not preferable. Keeping the rest immobilised gives europe and Ukraine a substantial bargaining chip in negotiations with Russia when the war eventually ends. Either Russia agrees to concessions to get the money back or it doesn't and it agrees the money can be sent to rebuild Ukraine.