Estonia draws up plan to transfer frozen Russian money – media ...News

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The scheme is likely to be approved by the government “in the coming weeks,” Tallinn says Estonia announced on Tuesday that it has become the first European country to devise a legal scheme allowing it to channel frozen Russian assets to Ukraine, the news website Postimees reported. According to the plan drawn up by the Estonian Foreign Ministry, Russian assets seized in Estonia should start working for the reconstruction of Ukraine “in advance.” The outlet reported that if Russia agrees to pay for damage caused in Ukraine, in the future Moscow could receive compensation for property confiscated in Estonia. “The d

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