The European Union should “start a conversation” about buying armaments for Ukraine using the profits from frozen Russian assets, the European Commission’s president told lawmakers on Wednesday. “It is time to start a conversation about using the windfall profits of frozen Russian assets to jointly purchase military equipment for Ukraine,” said Ursula von der Leyen, addressing the European Parliament in Strasbourg. EU member states have already agreed in principle that the returns on frozen Russian assets – though not the assets themselves – can be used to support Ukraine, such as by rebuildin…