US EditionEU's Dilemma: Utilizing Russian Assets for Ukraine Aid
14 Articles
14 Articles
Any decision of the European Union on the use of the Russian State's frozen assets, with the assistance of Ukraine, must respect international law, and the European Central Bank is "very careful" in this process, said...
EU must follow law in using frozen Russian assets to help Ukraine, Lagarde says
FRANKFURT (Reuters) -Any European Union decision on using frozen Russian state assets to help Ukraine must follow international law and the European Central Bank is “very attentive” to the process, ECB President Christine Lagarde said on Monday. The EU is searching for a way to finance Ukraine’s defence and reconstruction with some of the 210 billion euros worth of Russian sovereign assets immobilised in the West after Moscow’s invasion of Ukrai…
The President of the ECB argued that the use of Russian frozen assets to finance Ukraine should respect international law and ensure the security and legitimacy of the European financial system.
EU's Dilemma: Utilizing Russian Assets for Ukraine Aid
EU's Dilemma: Utilizing Russian Assets for Ukraine Aid The European Central Bank's President, Christine Lagarde, emphasized the necessity of adhering to international law when considering the use of immobilised Russian assets to assist Ukraine. Her statements were made during a session with European lawmakers in Strasbourg.Lagarde highlighted the need for any proposed scheme to comply with international rules, ensuring that the principles of leg…
As you know, the confiscation of sovereign assets is prohibited under international law, so the EU is looking for a way around this restriction
Any decision by the European Union on the use of frozen Russian assets to support Ukraine must be in accordance with international law, the president said today… Lagarde: The use of frozen Russian assets to support Ukraine must respect international law - NAVTEMPORIKI
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