Annihilation, destruction and attrition. Countless people have lost their lives in defense of their freedom and nothing can undo this. What can and must be done, however, is to rebuild Ukraine. To give the country and its future generations a perspective, beyond a just peace agreement. War-torn Ukraine is unable to do this alone. Europe will have to make a tremendous contribution, not only as a moral duty but also in its own interest. This will cost a fortune that the current and next generation in Europe will mainly have to bear.

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After the violation of the Budapest Memorandum (1994) by Russia and the currently incalculable and hesitant stance of the USA as a security guarantor under this agreement (in which both parties promised to defend Ukraine’s territorial integrity in exchange of Ukraine giving up the world’s third-largest nuclear arsenal), Europe is left alone to execute this very task. To defend humanity against barbarism. And Europe has to use everything that can serve this purpose.

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BACKGROUND

The petition of 131 Nobel Laureates published here had been forwarded to the political leaders of all 27 EU member states. It calls on governments all over the world to release the funds the Russian Central Bank deposited in their banks to finance the reconstruction of Ukraine and compensation of war victims so that the country can be rapidly rebuilt after a peace agreement is reached.

Nobel Appeal for download

Some 200 billion Euro of those assets is held in European jurisdiction. Failure to seize these assets would doubly hit Europe:

(i) by returning them to Russia, they would render the biggest threat to Europe’s security 200 billion Euro more severe and
— to the same extent —

(ii) they would fail to make a contribution to rebuilding Ukraine,

putting — effectively — a total financial burden of € 400 billion on the shoulders of the next generation of Europeans. We appeal to the Leaders of Europe to use assets of the Russian Federation for ending the war and rebuilding war-torn Ukraine. In the interest of Europe and its next generation.