US EditionThe European Commission proposes to “creatively” tap Russia’s $300bn of frozen assets with Reparation Loans
5 Articles
5 Articles
The European Commission is developing a mechanism to use Russia's frozen assets to provide Ukraine with “repair loans” totaling 170 billion euros.
The European Commission proposes to “creatively” tap Russia’s $300bn of frozen assets with Reparation Loans
The European Commission is floating a new idea of how to “creatively” tap Russia’s $300bn of frozen assets without the need to appropriate, which is legally questionable, by replacing the money transferred to Kyiv with EU-backed bonds.
Brussels is exploring how to use Russia's frozen assets to support €170 billion in "repair loans" to Ukraine, a measure that...
The EU is considering different options for using frozen Russian assets as part of the provision of reparative loans to Ukraine worth Euro170 billion, writing Financial Times. The final decision can be taken at the EU Leaders Summit on October 23 - 24, adding Bloomberg.
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