Moscow has repeatedly condemned the seizing of its funds as illegal Ambassadors from several EU countries have rejected a proposal by Spain to use revenue generated from frozen Russian assets to fund the Ukrainian economy, Politico has reported, citing anonymous officials. Spain is currently at the helm of the EU’s rotating presidency. It reportedly suggested during a meeting of EU envoys on Tuesday that profits from frozen Russian central bank reserves could generate up to $18 billion for Kiev by 2027. However, according to officials who spoke with Politico, some bloc members rejected the proposal, arguing it
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