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Treasury Secretary Janet Yellen offered her strongest public support yet Tuesday for the idea of liquidating about $300 billion in frozen Russian Central Bank assets and using them for Ukraine's ...
The best option is to use Russia’s $300 bln of frozen central bank assets, ... It’s time to unlock Russian assets to help Ukraine. Hugo Dixon. May 25, 2025 10:00 PM UTC Updated May 25, 2025 ...
Since 2022, G7 nations have frozen roughly 300 billion euro ($310 billion) in Russian central bank assets, with the majority—around 190 billion euro ($200 billion) —held in Belgium’s Euroclear.
Read also: Over $32 billion in Russian assets remain frozen in UK Earlier in March, Shmyhal confirmed that the United Kingdom had contributed £752 million ($950 million) to Ukraine through the ...
Until now, the West has relied on reallocating interest income generated from frozen Russian assets to support Ukraine. In October 2024, the Group of Seven (G7) approved nearly $50 billion in ...
The funds will come from windfall profits generated by frozen Russian assets. Under the agreement, the money will be disbursed between 2025 and 2026 and directed toward: Read also: Confiscation of ...
Thorsten Frei, Head of the German Chancellery, has called for renewed discussions in the West on confiscating frozen Russian state assets, citing Russia’s refusal to pursue peace with Ukraine.
Ukraine’s Deputy Finance Minister Oleksandr Kava has called for frozen Russian assets to be used to help rebuild Ukraine. He made the statement during the “New Marshall Plan for Ukraine ...
Finland will supply heavy ammunition to Ukraine using proceeds from frozen Russian assets, the country’s Ministry of Defence said on May 19. The move is part of a broader European Union ...