Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier EU proposal to use ...

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and military defense.

UPDATE 4-EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger June 24th, 20PM June 24th, 20PM (Updates with Borrell comments at end of meeting, paragraphs 5-6) By Andrew Gray ...

The European Union is moving ahead with a proposal to tax profits from more than €200 billion ($218 billion) of frozen Russian central bank assets to aid Ukraine’s reconstruction despite ...

Ukraine may have gotten one step closer to gaining access to frozen Russian assets to put toward its massive reconstruction needs. European Union leaders on Oct. 27 expressed support for a ...

BRUSSELS — The EU has said neutral countries can opt out of its plan to use the profits of Russia’s frozen assets to buy weapons for Ukraine, six EU diplomats told POLITICO. The proposal comes ahead ...

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

The U.S. and EU have approved plans to use frozen Russian assets to support Ukraine's war efforts, with $3.3 billion expected to reach Ukraine this year.

The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help finance the reconst EU’s frozen Russian assets plan is best put on ice ...

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