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fromwww.theguardian.com
2 weeks ago

EU's Ukraine loan may have been Plan B, but don't underestimate its significance to the bloc

More than two months ago, the European Commission floated a plan to provide a loan to Kyiv secured against some of the 210bn of Russian central bank assets frozen in Europe, most of which are held at the Euroclear clearing house in Belgium. The idea was for the EU to borrow from Euroclear in order to lend to Ukraine. Russia would remain the legal owner of the assets, and Kyiv would repay the loan using Russian reparations after the war,
Europe politics
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fromwww.aljazeera.com
2 weeks ago

Which countries, besides Russia, have assets frozen by the EU?

EU leaders chose a 90-billion-euro interest-free loan from 23 member states to finance Ukraine rather than tapping frozen Russian assets.
UK politics
fromwww.bbc.com
2 weeks ago

EU leaders face crunch decision on loaning Russia's frozen cash to Ukraine

EU leaders must decide whether to loan Ukraine tens of billions of euros from frozen Russian assets to avert imminent financial collapse.
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fromwww.theguardian.com
2 weeks ago

Belgian politicians and finance bosses targeted by Russian intelligence over seized assets

Russian intelligence has carried out an intimidation campaign targeting Belgian officials and Euroclear executives to block use of frozen Russian central bank assets for Ukraine.
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