EU undecided on ways to tap Russian money ...News

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EU undecided on ways to tap Russian money
The bloc will continue to look at options for using proceeds from frozen assets, leaders have said in a summit declaration  The EU will continue to “explore options” for the seizure of revenues generated by frozen Russian assets to fund Ukraine, bloc leaders said after a summit in Brussels on Thursday.   The West has frozen roughly $300 billion in Russian sovereign funds since the start of the Ukraine conflict. Brussels-based clearinghouse Euroclear holds around €191 billion ($205 billion) of the funds and has accrued nearly €4.4 billion in interest over the past year.  Profits on the assets are estimated to stand

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