EU Keeps Ukraine Aid Front and Center as Russian Asset Debate Drifts
TL;DR Summary
The European Commission says immobilised Russian Central Bank assets are not the immediate focus, with priority on disbursing €90 billion in Ukraine aid and assessing Kyiv’s budget shortfall with the IMF. While some member states and lawmakers push to tap the €210 billion via a custodian at Euroclear, Belgium remains opposed and Euroclear faces a legal challenge, and no new legal text is on the table yet as officials signal possible re-engagement on the assets.
- Russian assets not the focus now, Brussels says as calls grow louder Euronews.com
- Portugal backs using frozen Russian assets for Ukraine, understands Belgian concerns Reuters
- EU looks for new path to tap Russian assets for Ukraine Financial Times
- Belgium’s ‘Golden Goose’ Is Keeping Billions From Ukraine The Moscow Times
- Germany Pushes New Plan to Use Frozen Russian Assets for Ukraine Yahoo
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