EU accelerating plan to send profits from frozen Russian assets to Kiev – FT   ...News

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EU accelerating plan to send profits from frozen Russian assets to Kiev – FT  
A first tranche of over $3 billion could be disbursed in July, the outlet has learned The European Commission is pressing ahead with its plan to give Kiev up to €3 billion ($3.2 billion) from profits generated by frozen Russian assets amid waning financial support from the US, the Financial Times reported on Tuesday. Brussels is fast-tracking the decision to seize the interest earned from the assets held at clearinghouse Euroclear, starting from February onwards, the article stated.  A first tranche of money could be sent to Kiev as early as July if Brussels can secure the approval of all bloc members, the outlet

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