(MENAFN) The European Union is poised to receive its first installment of revenues generated from Russia's frozen central bank assets within ... USD300 billion in Russian sovereign funds ...
Western governments have been vetting one proposal after another about how to finance Ukraine by leveraging frozen Russian assets. The G-7 proposed in June that Western countries borrow $50 ...
Polish Foreign Minister Radoslaw Sikorski on June 29 proposed seizing all 300 billion euros ($321 million) in frozen Russian sovereign assets to win "the escalation game" with Russia. Ukraine's ...
The influence of Saudi Arabia's purported stance reportedly played a significant role in the G7's decision to refrain from outright confiscation of the frozen Russian assets. Instead, the G7 opted ...
"We are now working on transferring the first profit from frozen Russian assets in the next couple of weeks," he said. The United States and the EU are jointly considering legal authority to ...
Ukraine may receive its first payments this year from proceeds of frozen Russian assets in the EU. This could happen as early as this summer, according to the final communiqué of the EU summit.
Now the focus is on a proposal to confiscate Russian central bank reserves located ... which includes approximately US$300 billion of frozen assets in western jurisdiction. These assets are ...
Source: Umierov on Facebook Quote: "On 21 May 2024, the EU Council decided to transfer 90% of the income from the frozen russian assets to the Ukraine Assistance Fund, which is part of the ...
According to Yellen's update at the hearing, the database has received only about 2.7 million filings so far, only a fraction of the estimated 31 million businesses that must file by the deadline of ...
World Brief: Orban Urges Zelensky to Consider Cease-Fire Before Russian Peace Talks Create an FP account to save articles to read later. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN Downloadable PDFs ...
KYIV — Ukraine cannot stop the deadly rain of Russian bombs unless the U.S. gives permission to use long-range missiles to hit airfields in Russia, Ukrainian President Volodymyr Zelenskyy said in a ...
Janet Yellen might actually have been telling the truth Monday when she claimed she isn't shocked by skyrocketing grocery prices. REUTERS Janet Yellen might actually have been telling the truth ...