EU agrees to tap Russian assets to arm Ukraine ...News

Russia Today - Economy
EU agrees to tap Russian assets to arm Ukraine
The bloc wants to seize proceeds from some $200 billion of Moscow’s immobilized funds The European Union has agreed on the expropriation of profits from frozen Russian assets to continue funding and arming Kiev, Brussels announced on Wednesday. The bloc’s ambassadors agreed on the course of action “in principle,” but the legal text is still to be ratified by the EU Council. The proposal targets proceeds from some €191 billion ($205 billion) in Russian funds currently held immobilized in the Belgian clearing house Euroclear. In total, Western states froze an estimated $300 billion of Moscow’s sovereign capital abro

Hence then, the article about eu agrees to tap russian assets to arm ukraine was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( EU agrees to tap Russian assets to arm Ukraine )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy