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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, although concerns about international law exist.
  • Opponents, including French Finance Minister Eric Lombard, argue that seizing assets could destabilize financial markets and violate international law.
  • The World Bank estimates the reconstruction of Ukraine will cost $524 billion, exceeding the total of the frozen Russian assets.
  • Kremlin spokesman Dmitry Peskov warned that such actions would be deemed unlawful and could lead to serious legal consequences.
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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.

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