Brussels reportedly wants to use the seized assets to rebuild Ukraine The European Union has told member states that it has legal authority to temporarily leverage a hefty amount of Russian Central Bank assets to pay for the rebuilding of Ukraine, Bloomberg reported on Thursday, citing people familiar with the matter. The mechanism could reportedly involve as much as €33.8 billion ($36.8 billion) of the funds frozen by the bloc as part of the Ukraine-related sanctions imposed on Moscow. According to the EU’s Council Legal Service, the plan is legally feasible if the assets aren’t expropriated and certain condition
Hence then, the article about eu claims to have found way to access frozen russian funds bloomberg was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( EU claims to have found way to access frozen Russian funds – Bloomberg )