15-03-2024, 02:40 PM
EU is using €27bn in profit from frozen Russian assets for Ukraine. Officials could put forward proposal b4 meeting of prime ministers in Brussels.
a potential €27bn in profit generated over 4-yrs by Russian state assets frozen in Europe to help fund the war effort in Ukraine. European Commission are poised to believe is a legally robust proposal to be considered by member states, b4 meet of prime ministers in Brussels next Thursday.
About $300bn belong to Russian central bank has frozen in west, (largely foreign currency,) gold & govt bonds. About 70% are held in the Belgian central securities depository Euroclear, holding the equivalent of €190bn.
https://www.theguardian.com/world/2024/m...ts-ukraine
a potential €27bn in profit generated over 4-yrs by Russian state assets frozen in Europe to help fund the war effort in Ukraine. European Commission are poised to believe is a legally robust proposal to be considered by member states, b4 meet of prime ministers in Brussels next Thursday.
About $300bn belong to Russian central bank has frozen in west, (largely foreign currency,) gold & govt bonds. About 70% are held in the Belgian central securities depository Euroclear, holding the equivalent of €190bn.
https://www.theguardian.com/world/2024/m...ts-ukraine