OREANDA-NEWS The Prime Minister of Ukraine Denis Shmygal estimated the country's recovery after the military operations in the amount of $ 750 billion. In his opinion, it will be necessary to finance the plan with the help of confiscated assets of Russia. His words are quoted by RIA Novosti.

"Who should pay for the recovery plan, which is already estimated at $750 billion? We believe that the key source of recovery should be the confiscated assets of the Russian Federation and Russian oligarchs," he said.

"The frozen assets of the Russian Federation, according to various estimates, range from 300 to 500 billion dollars," Shmygal called such figures, speaking about the need to send Russia's funds blocked around the world to Ukraine. According to him, other sources of recovery can be grants and soft loans from international financial organizations and partner countries, investments, as well as directly from the country's budget.

Against the background of what is happening in Ukraine, a number of Western countries have blocked Russia's assets, and some of them have decided on more radical measures. Thus, the UK authorities are considering the possibility of confiscating frozen Russian assets for their subsequent transfer to Kiev. Britain is following the example of Canada, where a bill was supported allowing the government to confiscate the frozen assets of Russians under sanctions and dispose of them.

According to the European Commissioner for Justice Didier Reynders, at the end of May, the European Union temporarily blocked about 23 billion euros (1.34 trillion rubles) belonging to the Central Bank of Russia. At the end of April, the head of the regulator, Elvira Nabiullina, said that the total amount of the Central Bank's reserves frozen by Western countries amounted to about $ 300 billion (16.7 trillion rubles).