Russian assets

G7 still looking for best way to use Russian assets to aid Ukraine

Western countries are still working on a joint approach to using frozen Russian assets for the benefit of Ukraine, U.S. Deputy Treasury Secretary Wally Adeyemo said at a press briefing in Kyiv on May 29.

29 May 2024, 09:32 PM

EU must come to consensus now to unblock revenues from frozen Russian assets to aid Ukraine - EU's Borrell

About 90% of the revenues from frozen Russian assets will be directed to the European Peace Fund to supply weapons and military equipment to Ukraine, EU High Representative for Foreign Affairs & Security Policy, Josep Borrell, said on May 28.

29 May 2024, 10:05 AM

G7 finance ministers seek consensus on how to fund Ukraine through frozen Russian assets

The G7 finance ministers will look to find consensus on how to use revenues from frozen Russian assets to finance Ukraine aid at this week's meeting in Italy, Reuters reported, citing a source in the U.S. Treasury.

23 May 2024, 10:28 AM

France backs US proposal to use frozen Russian assets to aid Ukraine — report

The French government has supported the U.S. proposal to use the revenue from frozen Russian assets to benefit Ukraine, Bloomberg reported on May 22.

23 May 2024, 02:14 AM

Ukraine can receive $50 billion in loans — U.S. Treasury Secretary

G7 countries could fund Ukraine's war efforts by providing billions in loans linked to $300 billion in frozen Russian assets, U.S. Treasury Secretary Janet Yellen told Sky News on May 21.

22 May 2024, 02:57 PM

Germany supports US proposal to use frozen Russian assets for Ukraine

The German government is ready to support a U.S. plan to use future proceeds from frozen Russian assets in Europe to provide $50 billion in aid to Ukraine, Bloomberg reported on May 21.

21 May 2024, 03:40 PM

EU approves use of frozen Russian assets to support Ukraine

The Council of the European Union has approved using income from frozen assets of the Russian Central Bank for the benefit of Ukraine, the Czech Permanent Representation to the EU reported on X on May 21.

21 May 2024, 03:30 PM

The G7 will support the EU initiative to use frozen Russian assets to finance the reconstruction of Ukraine

The G7 countries will support the European Union's initiative to confiscate income from Russian assets for the benefit of Ukraine from May 20, Reuters reported.

17 May 2024, 09:34 AM

EU moves closer to using Russian assets for Ukraine aid

EU ambassadors have reached a preliminary agreement to direct revenue generated by frozen Russian assets toward supporting Ukraine, the Belgian presidency of the Council of the EU announced via Twitter on May 8.

9 May 2024, 02:07 AM

Euroclear considers using frozen Russian asset income to aid Ukraine

Euroclear, the Belgian depository managing most of Russia's frozen assets in Western countries, will soon decide how to use income from these assets to support Ukraine, according to Euroclear Executive Director Valérie Urbain, as reported by L'Echo on May 7.

8 May 2024, 12:40 PM

90% of revenues from Russian assets should go to Ukraine’s defense — Scholz

As much as 90% of the revenues generated by Russian financial assets frozen in the EU should be directed towards procuring weapons for Ukraine, German Chancellor Olaf Scholz said on May 6.

7 May 2024, 02:42 AM

Legal risks loom over proposal to transfer frozen Russian assets to Ukraine, warns ECB chief

Proposals to transfer frozen Russian assets worth over EUR 260 billion ($277 billion) to Ukraine risk breaking international law, Christine Lagarde, the European Central Bank's (ECB) president said, the Financial Times reported on April 17.

18 April 2024, 01:10 PM

PACE backs directing frozen Russian assets to Ukraine

The Parliamentary Assembly of the Council of Europe (PACE) adopted a resolution on April 16, calling for the transfer of $300 billion in frozen Russian state assets to Ukraine.

16 April 2024, 08:44 PM

ATESH reportedly discovers Russian ammunition storage in school basement

Ammunition storage was discovered by the guerrilas in Novooleksiyivka, Kherson Oblast school’s basement, ATESH reported on Telegram on April 13.

13 April 2024, 02:19 PM

Frozen Russian assets generate $5-8 billion in annual revenue — PM Shmyhal

Revenues from frozen Russian assets in the West may amount to EUR 5-8 billion ($5.4-8.7 billion) in 2024, Ukrainian Prime Minister Denys Shmyhal said on April 9, according to Interfax-Ukraine news agency.

9 April 2024, 08:24 PM

EU discloses amount of frozen Russian assets slated for allocation to Ukraine

Amount that could be received from proceeds of frozen Russian assets could total to about €3 billion ($3.25 billion) a year, which would be used for military and civilian support for Ukraine, Josep Borrell said, Interfax-Ukraine reported on March 20.

20 March 2024, 05:05 PM

Russian assets that can be used for Ukraine's needs. Where are they, and how much are there? — opinion

In general, there is information that about $280 billion of Russian assets have been arrested in various countries. We don't really know how many assets are frozen yet.

28 February 2024, 11:35 PM

Transfer of Russian frozen assets to Ukraine will greatly weaken Putin - Zelenskyy

Transferring Russia's frozen assets to Ukraine could significantly weaken Russian dictator Vladimir Putin's position and compel him to seek an end to the war in Ukraine, Volodymyr Zelenskyy said at a press conference following the “Ukraine in 2024” forum on Feb. 25, 2024.

26 February 2024, 04:48 PM

Russian assets

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