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Keywords: Frozen Russian Assets


EU Allocates €35 Billion Loan to Ukraine Utilizing Frozen Russian Assets

In a significant move, European Union envoys have reached an agreement to provide Ukraine with up to €35 billion (approximately $38 billion) as part of a broader financial package aimed at supporting the nation amidst ongoing conflict. This loan, which is backed by immobilized assets from the Russian......

EU Pioneers Unprecedented Move: Ukraine Receives €1.5 Billion from Frozen Russian Assets

In a groundbreaking financial maneuver, the European Union has transferred €1.5 billion to Ukraine, marking the first instance of utilizing frozen Russian assets to support the embattled nation. This innovative approach taps into the estimated €210 billion of immobilized Russian Central Bank......