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EU to tap frozen Russian assets
The bloc’s parliament has approved a €35 billion loan to Ukraine to be repaid with proceeds from Moscow’s immobilized funds The European Parliament has approved a €35 billion ($38 billion) loan to Ukraine to be repaid with revenues from frozen Russian assets, according to an official statement on Tuesday. The financing fulfils the EU’s share of a $50 billion aid package for Kiev agreed by G7 countries in June. MEPs approved the move with 518 votes in favor, 56 against and 61 abstentions, the parliament announced. The funds will be transferred through the end of next year, it added. Future revenues from frozen Russ

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