Luxembourg Warns EU: No Reparations Loan Without Legal Security

16 hours ago
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Luxembourg Defence Minister Yuriko Backes has warned that any EU discussions on a Ukraine “reparations loan” must guarantee legal security and financial stability. Speaking on Europe’s support to Kyiv, Backes emphasized that Ukraine must be part of all decisions affecting its future, while calling for stronger European defence readiness and increased cooperation among member states. Luxembourg is contributing its highest military support since the start of the war and urges other allies to follow suit to prevent Ukraine from running out of funds.
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Transcript

00:00so good good morning today we will be discussing europe's continued military support to ukraine as

00:13well as the ongoing negotiations as well as european defense readiness as far as ukraine

00:19is concerned of course we would all like this unacceptable and a bloody war against ukraine

00:26to be ended as soon as possible for us it is important that the security guarantees are

00:34serious for ukraine nothing about ukraine without ukraine we see that ukraine is willing to negotiate

00:43as is showing this every day we would also like for russia to stop its maximalist demands which

00:52amount to ukraine's capitulation which is obviously not acceptable luxembourg has supported ukraine since

00:59day one will continue to do so this year our military support to ukraine has been the highest

01:05since the beginning of the war concerning european defense readiness we know that europe needs to step

01:11it up and we are we have been with edip and safe in place these are very important initiatives that will

01:19strengthen european defense industry it is important to increase our joint procurement and cooperation

01:29luxembourg has said from the beginning that support to medium and small enterprises is important and we

01:35also very much welcome that ukrainian defense industry is involved in these initiatives the flagship

01:43projects are very important so that we focus collectively on our most urgent needs for luxembourg the defense

01:52space shield is very important this is where we have expertise and this is also where luxembourg has

01:59added value finally i not only as defense minister but also as minister responsible for mobility very much

02:08welcome welcome the military mobility package this is also very important it's it's like a schengen for

02:15military mobility and i look forward to discussing this in the various for both for mobility and defense

02:21finally just to say that for luxembourg and nato remains the bedrock of our collective defense of our collective

02:29deterrence and strengthened european pillar within nato is in the interest of the entire alliance thank you very much

02:38ukraine is running out of money how can you make sure that this doesn't happen we need to step up our

02:44support we have been uh as i said luxembourg this year has its highest contribution of military support

02:51since the beginning of the war and colleagues from other alliance partners and european member states need

02:59to do the same how do you want to break the deadlock on the negotiations regarding the reparations law

03:04i think these discussions are ongoing um it's uh will be on the agenda also of the european

03:13council luxembourg will be very constructive i think what is important for us is that we have

03:18legal security and also are sure that financial stability is maintained thank you do you trust

03:26do you trust the americans that they will reach a good solution well i think it's in the interest of

03:33long-term security and sustainable peace that we are all in the same boat on this that we don't work in

03:41different directions and that we work together without uh sustainable peace there will be no peace and

03:48uh this would also be in the interest of uh our american allies thank you

04:04you

Luxembourg Warns EU: No Reparations Loan Without Legal Security | APT

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