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French MPs call for seizure of Russian assets in show of unity with Ukraine

French lawmakers adopted a resolution urging France and its allies to seize frozen Russian assets to support Ukraine.
The resolution encourages the European Union to use frozen assets for Ukraine's reconstruction amid political divisions over asset seizure.
Since 2022, approximately 300 billion euros in Russian assets have been frozen, which are used to aid Ukraine's post-war recovery.
Government spokeswoman Sophie Primas stated that President Emmanuel Macron and Prime Minister François Bayrou requested further study on the repercussions of asset seizure.

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La Libre

Private investors, domestic borrowing, tax increases, Russian assets... where to find 90 billion euros to boost French defence?

President Emmanuel Macron is thinking of increasing France's military spending from 2% to 5% of GDP. Where to find this amount, in a context of budgetary restraint and record debt? ...

10 hours ago·Brussels, Belgium

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The Kyiv Independent

Ukraine receives $1.7 billion from Canada under G7 loan covered by Russian assets

Ukraine has received the first tranche of 2.5 billion Canadian dollars (about $1.7 billion) from Ottawa under the G7's Extraordinary Revenue Acceleration (ERA) initiative, the Ukrainian Finance Ministry announced on March 13.The ERA mechanism, totaling $50 billion, provides loans to Ukraine that will be repaid using future profits from frozen Russian assets.According to the ministry, Canada's contribution to the initiative is $3.5 billion, and t…

1 day ago·Kyiv, Ukraine

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Kyiv Post

French Lawmakers Pressure Government to Seize Russian Assets

France has until now voiced opposition to seizing frozen Russian assets, arguing that such a move would be against international agreements in a stance that puts Paris at odds with its ally Britain.

1 day ago·Kyiv, Ukraine

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Bryan Times

+23 Reposted by 23 other sources

French lawmakers pressure government to seize Russian assets

French lawmakers on Wednesday adopted a resolution urging France and allies to provide more support for Ukraine, including by seizing tens of billions of euros in frozen Russian assets.

1 day ago

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Le Figaro

Russian assets frozen: three years after the beginning of the war, why are Europeans still divided?

DECRYPTAGE - If the use of interest in support of Ukraine is in effect after procrastination, the Twenty-Seven cannot decide on the use of capital. Oppositions remain, politically and legally.

1 day ago·Paris, France

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