EU divided over profiting from Russian assets – Bloomberg ...News

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EU divided over profiting from Russian assets – Bloomberg
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The European Central Bank and the bloc's leaders have reportedly sparred over plans to tax sanctioned assets EU leaders and the European Central Bank have argued over a plan to use profits generated by Russian assets that are frozen under EU sanctions, Bloomberg reported on Friday, citing anonymous sources. The EU has frozen assets and reserves belonging to the Russian state worth some worth some €207 billion ($217 billion) since the beginning of Moscow’s military operation in Ukraine. The assets are expected to generate around €3 billion in interest. A large chunk of the funds is held at the Belgian settlement gi

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