"International Pressure Mounts: Calls to Transfer Frozen Russian Assets to Ukraine"
Russia has threatened to retaliate if the European Union proceeds with plans to give profits from Russia's frozen assets to Ukraine. The EU is considering reallocating income generated from around $300 billion of frozen funds to support Ukraine's economy. In a separate development, Ukraine's air force claimed to have shot down 34 out of 35 Russian drones launched in an overnight attack on 12 Ukrainian regions. Meanwhile, Russia has reportedly compiled a list of about 30 companies for potential privatization. Ukraine has received the final installment of the EU's $18 billion funding package for 2023 and hopes for continued support in 2024. The White House believes that Russian troops are waiting for the ground to freeze before intensifying offensive operations in Avdiivka, Ukraine. Families of Ukrainian prisoners of war are demanding a resumption of prisoner exchanges with Russia, as thousands of POWs remain missing. Finally, a candidate has applied to run against Vladimir Putin in the upcoming Russian presidential election.
- Russia vows to retaliate if EU gives frozen assets to Kyiv; Ukraine hit with overnight drone attack CNBC
- U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up The New York Times
- G7 moves closer to seizing Russian assets for Ukraine Financial Times
- Give Russia's Frozen Assets to Ukraine Now The Atlantic
- Opinion | How to Make Russia Pay for Ukraine The Wall Street Journal
Reading Insights
0
10
10 min
vs 12 min read
93%
2,227 → 160 words
Want the full story? Read the original article
Read on CNBC