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EU capitals push to revive frozen Russian assets plan for Ukraine funding

1 min read
Source: politico.eu
EU capitals push to revive frozen Russian assets plan for Ukraine funding
Photo: politico.eu
TL;DR

EU heavyweights from the Netherlands, Poland, Spain and Sweden urge Brussels to restart the use of frozen Russian state assets to back a Kyiv loan, citing Ukraine's roughly €23 billion defense funding hole. Past efforts to leverage about €210 billion of assets stalled over legal/guarantee concerns, while the EU has committed a €90 billion loan to Ukraine to be disbursed over 18 months, contingent on reforms. Belgium seeks safeguards as the debate returns ahead of a foreign ministers’ gathering.

Topics:worldeurope#eu-sanctions#europe#european-commission#frozen-russian-assets#kyiv-defense-budget#ukraine-funding
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  1. EU heavyweights call on Brussels to reignite frozen Russian asset debate  politico.eu
  2. Four EU countries seek to reopen debate on Russian frozen assets for Ukraine  Reuters
  3. European Countries Revive Frozen Asset Plan to Counter Russia  Bloomberg.com
  4. EU states revive plan to use frozen Russian assets for Ukraine  Financial Times
  5. Once again, the EU grapples with thorny questions on Russian assets  Euronews.com

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