All articles tagged with #frozen assets
EU leaders agreed on a €90 billion loan to Ukraine for 2026-2027, relying on joint borrowing instead of using Russia's frozen assets due to legal and political challenges, highlighting divisions within the EU and raising questions about its ability to act cohesively and assert influence in global affairs.
The UK government has given Roman Abramovich a final deadline to donate £2.5 billion from the sale of Chelsea to Ukraine or face legal action, amid ongoing disputes over the use of the frozen funds. The government seeks to ensure the money benefits Ukrainian humanitarian causes, while Abramovich argues it should aid all war victims, including in Russia. The UK has not specified the legal basis for seizing the funds but is considering issuing a license to transfer the money to a charitable foundation, with potential for broader use of future gains. The dispute highlights the complexities of freezing and seizing Russian assets in the context of the Ukraine conflict.
Russian President Vladimir Putin has issued a threat of retaliation over frozen assets, causing concern among EU capitals and escalating tensions related to the Russia-Ukraine conflict.
European leaders are debating whether to unlock 210 billion euros in frozen Russian assets to support Ukraine, amid Russian threats and hybrid warfare tactics targeting Belgium and other EU countries. Belgium's Prime Minister Bart De Wever opposes the plan due to fears of Russian retaliation, highlighting the geopolitical tensions and risks involved. The decision is crucial for Ukraine's future and Europe's unity, with potential for increased Russian destabilization efforts regardless of the outcome.
Russia is seeking $230 billion in damages from Euroclear over frozen assets, as the EU considers using €210 billion of Russian assets to fund Ukraine's defense, prompting legal and political tensions between Russia, the EU, and the US.
Slovakia is reportedly opposed to using frozen Russian assets to fund Ukraine's military costs, amid ongoing EU debates and concerns over legal and financial risks, with EU leaders set to discuss the issue in December.
The US fully supports the EU's plan to use up to 185 billion euros of frozen Russian assets to support Ukraine and end the war, despite concerns and delays, as part of broader sanctions and pressure on Moscow.
Britain is urging its allies to use frozen Russian assets to support Ukraine, including funding peace talks, increasing weapons supplies, and banning Russian oil and gas, as Zelenskiy visits London to rally international backing amidst ongoing tensions with Russia.
The EU and US have frozen approximately $300 billion of Russian sovereign assets following Russia's invasion of Ukraine, and are now considering how to utilize these funds to support Ukraine, amid ongoing financial and military aid efforts.
The European Union has proposed to purchase US weapons for Ukraine using Russia's frozen assets, as part of ongoing efforts to support Ukraine amidst the conflict. The article also promotes various subscription options for the Financial Times, emphasizing its journalism and analysis services.
EU leaders are considering a plan to use hundreds of billions of dollars in frozen Russian assets to fund a long-term financial and military support loan to Ukraine, contingent on Russia paying war reparations, amidst legal and political debates within the EU.
European leaders, including Germany's Chancellor Friedrich Merz, are considering using frozen Russian assets as collateral to fund a $160 billion interest-free loan to Ukraine, aiming to bolster Ukraine's resilience and pressure Russia into negotiations, though the plan involves complex legal and political challenges.
The EU is exploring innovative methods to utilize frozen Russian assets, including replacing seized assets with EU bonds, to fund Ukraine's war efforts, amidst broader discussions on budget and defense investments. Germany has received approval for a significant spending plan allowing increased investment in defense and infrastructure, while EU efforts aim to shield its budget from political shifts.
Russia's Medvedev threatens legal and extrajudicial action against the EU over plans to use frozen Russian assets, held in Euroclear, to fund a reparations loan to Ukraine, amid ongoing tensions over asset seizure and war reparations.
EU's Kaja Kallas stated that Russian assets frozen in the EU due to sanctions over Ukraine will only be returned if Russia pays reparations, with ongoing debates about confiscation and use of these assets to support Ukraine.