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The $300 billion question: What to do with Russia’s frozen central bank money?

  • Kyiv's European allies are considering seizing $300 billion in frozen Russian assets to support Ukraine, as U.S. Support appears uncertain.
  • Opponents warn that seizing these assets may breach international law and destabilize financial markets, according to French Finance Minister Eric Lombard.
  • European nations debate the implications of confiscation, with fears it may harm foreign investment in Europe, as highlighted by Elina Ribakova from Bruegel.
  • The Kremlin claims that such seizures would be illegitimate and could lead to serious legal consequences, according to Kremlin spokesman Dmitry Peskov.
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The $300 billion question: What to do with Russia's frozen central bank money?

With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets.

·United States
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Heti Világgazdaság broke the news in Hungary on Monday, March 17, 2025.
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