"For further military support of Ukraine, we must use money from frozen Russian assets from across the entire Europe," he said. The crisis was making the European Union an even more important alliance than it had been in the past 20 years, Fiala said. But to succeed...
There has been much debate over the course of the war on whether these assets could be used to support Ukraine. In June 2024,the G7 agreed in principle to issue $50 billion in loansto Ukraine that were backed by the profits generated from around 300 billion euros of frozen Russian assets...
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While the donor platform or “financial Ramstein” is currently mostly focused on organising this rather short-term macro-financial assistance, “this will evolve into a body concerned with the more long-term needs of Ukraine,” according to Kleine Brockhoff. Russian assets for Ukraine reconstruction...
EU Economic Commissioner Paolo Gentiloni has claimed that the Group of Seven (G7) will release $50 billion in frozen Russian assets to Ukraine by October.
From Rubles to Hryvnia: The Freezing and Seizing of Russian Assets to Rebuild UkraineMaleska, AngelinaTulane Law Review
G7 leaders strike deal on using Russian assets to back $50B loan to Ukraine President Joe Biden and key allies have agreed to use interest from frozen Russian assets to back a $50 billion loan for Ukraine's war efforts and economic reconstruction....
EU member states on Monday (29 January) agreed unanimously to a plan to set aside billions of euros of windfall profits from Russian central bank assets frozen in Europe, in a first step of a plan towards their possible use for Ukraine’s future reconstr
Clearly, freezing Russia’s assets as a countermeasure has failed to deter its aggression, and Moscow’s ambitions extend far beyond Ukraine. Given these new challenges, Europe must overcome its reluctance to make Russia pay for peace. A pragmatic way forward is to consolidate all immobilised asse...
The U.S. sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China’s trade practices as finance ministers from the Group of Seven rich democracies opened a two-day meeting on Friday on the sh