• The EU’s €90bn loan will not fund Ukraine for long
   

• But Russia’s €210bn frozen assets would be a gamechanger
   

• The accounts should first be moved to the EU itself
   

• That would take Belgium, where the main account is, out of the firing line
   

• The assets can then be used to help Ukraine
   

• Giving it a better chance of getting a just peace
   

Here is our draft regulation that spells out in legal terms the mechanism for moving the Russian accounts.