The European Commission announced on Friday that the European Union is making available €1.5 billion ($1.6 billion) to fund Ukraine’s defence and reconstruction, financed by the proceeds of Russian assets frozen in the EU. “There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a safer place to live,” European Commission President Ursula von der Leyen posted on X. Most of the money – 90% of it – will be used to reimburse EU countries for military aid they send to Ukraine, while the remaining 10% will be paid directly to Ukraine as financial aid for reco…