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Belgium· Brussels
First report 1h ago•Last update 1h ago

EU Considers Using Frozen Russian Assets for Ukraine Aid

The European Commission is exploring a new scheme to utilize approximately €200 billion in frozen Russian assets, primarily held in Belgium's Euroclear, to benefit Ukraine.

Background

Russia's full-scale invasion of Ukraine in 2022 led to international sanctions, including the freezing of Russian state assets in Western countries. Ukraine continues to seek financial aid for its defense and reconstruction efforts.

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EU Considers Using Frozen Russian Assets for Ukraine Aid

First report 6h agoLast update 4h ago
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EU Considers Using Frozen Russian Assets for Ukraine Aid · Quorumz