Published 1 year ago

EU proposal would send proceeds of frozen Russian funds to Ukraine

Summary by The Wenatchee World

The European Commission proposed a plan on Wednesday to compensate Ukraine for damage from Russia's invasion with proceeds from investing Russian funds frozen under sanctions.

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Reuters

Brussels proposes plan to confiscate frozen Russian assets

BRUSSELS - The European Commission on Wednesday said proposed a plan to confiscate Russian assets that have been frozen to punish Moscow for the invasion of Ukraine. "We have blocked 300 billion euros of the Russian Central Bank reserves and we have frozen 19 billion euros of Russian oligarchs' money," Ursula von der Leyen, president of the European Union's executive said in a statement

1 year ago·United Kingdom

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Hindustan Times

European Commission proposes plan to confiscate frozen Russian assets

Russia-Ukraine War: Officials in the European Union, the United States and other Western countries have debated for months how to legally seize Russian assets.

1 year ago·New Delhi, India

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The Star Kuala Lumpur

Brussels proposes plan to confiscate frozen Russian assets

BRUSSELS (Reuters) - The European Commission on Wednesday said proposed a plan to confiscate Russian assets that have been frozen to punish Moscow for the invasion of Ukraine. Read full story

1 year ago·Malaysia

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TASS [🇷🇺-affiliated]

EC suggests creating fund from frozen Russian assets for Ukraine — EC President

It was also added that once the sanctions are lifted, these funds should be used so that Russia pays full compensation for the damages caused to Ukraine

1 year ago·Moscow, Russian Federation

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National Post

EU proposal would send proceeds of frozen Russian funds to Ukraine

BRUSSELS -- The European Commission proposed a plan on Wednesday to compensate Ukraine for damage from Russia's invasion with proceeds from investing Russian funds frozen under sanctions.

1 year ago·Canada

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Arab News

EU proposal would send proceeds of frozen Russian funds to Ukraine

ID: 1669814723234814100Wed, 2022-11-30 16:27 BRUSSELS: The European Commission proposed a plan on Wednesday to compensate Ukraine for damage from Russia’s invasion with proceeds from investing Russian funds frozen under sanctions. Officials in the EU, United States and other Western countries have long debated whether Ukraine can benefit from frozen Russian assets, including around $300 billion of Russia’s central bank reserves and $20 billion…

1 year ago·Riyadh, Saudi Arabia

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