The European Union, along with G7 nations and Australia, has frozen approximately $280 billion in Russian assets—mostly securities and cash held by Belgium-based clearinghouse Euroclear.

Ukraine has received about $1.7 billion from Canada under the ERA initiative. These are funds secured by proceeds from frozen Russian assets, according to Prime Minister Denys Shmyhal.

Canada has transferred approximately US$1.7 billion to Ukraine from revenues generated by frozen Russian assets, as part of the G7 Extraordinary Revenue Acceleration (ERA) initiative.

The European Union intends to generate hundreds of billions more euros from frozen Russian assets by transferring them to an alternative investment fund.

Ukraine's Foreign Minister Andrii Sybiha has called on Western partners to use frozen Russian assets themselves, not just the interest they generate, to purchase weapons for Ukraine, support its ...

France may soon become the first country to confiscate frozen Russian assets under Paris jurisdiction. This would create the first precedent allowing the seizure of all Kremlin frozen assets in ...

Britain plans to supply Ukraine with 350 ground-launched air defense missiles, using £70 million in proceeds from Russian funds that were frozen as part of sanctions over the full-scale invasion.

The European Union plans to keep €210 billion worth of Russian assets frozen within the EU in order to channel the extraordinary profits they generate to Ukraine until at least the end of 2025.

New Delhi, June 27 -- Amid tensions over the Ukraine War, Russian President Vladimir Putin issued a big warning for the West during his speech at the Eurasian Economic Forum. In his address, Putin ...

Ukrainian Prime Minister Denys Shmyhal announced that G7 and EU countries plan to allocate $50 billion to Ukraine in 2025, backed by proceeds from frozen Russian assets.