During a meeting at the White House, French President Emmanuel Macron clarified the extent of France and Europe's financial support for Ukraine in contrast to U.S. claims. President Trump suggested that Ukraine should compensate the U.S. and other countries for aid, but Macron stated that Europe has contributed 60% of the total effort to help Ukraine. He also highlighted that the frozen Russian assets in Europe are not a form of collateral, underscoring the complexity of financial negotiations amid ongoing conflict.
I support the idea to have Ukraine, first, being compensated because they are the ones who have [lost] a lot of their fellow citizen[s] and they're being destroyed by these attacks, he responded while noting that Russia is the aggressor.
Again, just so you understand, just so you understand, Europe is loaning the money to Ukraine, Trump said. They get their money back.
No, in fact, to be frank, we paid 60% of the total effort, Macron interjected. And it was through, like the U.S., loans guaranteed, grants, and we provided real money, to be clear.
We have $230 billion [in] frozen assets in Europe, Russian assets. But this is not as a collateral of a loan because this is not our belonging.
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