Georgia, Moldova and Serbia resist EU’s Russian asset transfer plan

Three EU candidate countries - Georgia, Moldova, and Serbia - have chosen not to participate in a significant financial initiative aimed at supporting Ukraine.

This decision, revealed by EU High Representative for Foreign Affairs and Security Policy Josep Borrell, marks a notable divergence from the bloc's unified approach to assisting Kyiv in its ongoing conflict with Russia, Report informs referring to TASS.

The initiative in question involves the transfer of income generated from frozen Russian assets to Ukraine, a move designed to provide financial support to the war-torn country while simultaneously increasing pressure on Moscow.

This strategy is part of the EU's broader sanctions package against Russia, implemented in response to its military actions in Ukraine.