EU gives Ukraine first tranche of loan backed by Russian assets
4 days, 22 hours ago

EU gives Ukraine first tranche of loan backed by Russian assets

The Hindu  

The European Union on Friday paid out to Ukraine the first three billion euros of a loan backed by the interest earned on frozen Russian assets. The funds are part of the EU's portion of a $50 billion loan by G7 powers to help Kyiv prop up its economy and war effort almost three years into Russia's all-out invasion. pic.twitter.com/W9l7K1kfiV — Ursula von der Leyen January 10, 2025 "Today, we deliver EUR3 billion to Ukraine, the 1st payment of the EU part of the G7 loan," European Commission president Ursula von der Leyen wrote on X. The EU has frozen roughly $235 billion of Russian central bank funds since the Kremlin launched its invasion of Ukraine in 2022, the vast bulk of immobilised Russian assets worldwide.

Ukraine Russia Loan Billion Russian Leyen Russian Assets  g7  russian  funds  gives  frozen  ukraine  war  loan  assets  tranche  backed  eu  billion

History of this topic

European Gas Swings With Clock Ticking for Transit Deal Expiry
3 weeks, 2 days ago

European Gas Swings With Clock Ticking for Transit Deal Expiry

Live Mint  

-- European natural gas prices fluctuated near €44 a megawatt-hour with little over a week left until the expiry of a key pipeline transit deal between Russia and Ukraine. Putin Meets Slovakia’s Fico in Moscow Before Gas Deal Expiry Ukrainian President Volodymyr Zelenskiy last week indicated Ukraine won’t transit Russian-origin gas unless he has assurances the Kremlin won’t benefit financially …

UK announces new funding for Ukraine amid ‘critical’ situation
3 weeks, 6 days ago

UK announces new funding for Ukraine amid ‘critical’ situation

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK has pledged a new £225 million package of …

US disburses $20 billion Ukraine loan backed by profits from Russian assets
1 month ago

US disburses $20 billion Ukraine loan backed by profits from Russian assets

Deccan Chronicle  

Washington: The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by proceeds earned on frozen Russian assets, as part of a $50 billion G7 support package. "These funds -- paid for by the windfall proceeds earned from Russia's own immobilized assets -- will provide Ukraine a critical infusion of support as it defends …

US transfers $20 billion to Ukraine funded by seized Russian assets
1 month ago

US transfers $20 billion to Ukraine funded by seized Russian assets

India Today  

The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by proceeds earned on frozen Russian assets, as part of a $50 billion G7 support package. "These funds -- paid for by the windfall proceeds earned from Russia's own immobilized assets -- will provide Ukraine a critical infusion of support as it defends its …

U.S. Announces Nearly $1 Billion More In Longer-Term Weapons Support For Ukraine
1 month, 1 week ago

U.S. Announces Nearly $1 Billion More In Longer-Term Weapons Support For Ukraine

Huff Post  

LOADING ERROR LOADING SIMI VALLEY, Calif. — The United States will provide nearly $1 billion more in longer-term weapons support to Ukraine, Defense Secretary Lloyd Austin said Saturday as the Biden administration rushes to spend all the congressionally approved money it has left to bolster Kyiv before President-elect Donald Trump takes office next month. We all want… pic.twitter.com/eKMtuhp2ZI — Volodymyr …

US announces nearly $1 billion more in longer-term weapons support for Ukraine
1 month, 1 week ago

US announces nearly $1 billion more in longer-term weapons support for Ukraine

Associated Press  

SIMI VALLEY, Calif. — The United States will provide nearly $1 billion more in longer-term weapons support to Ukraine, Defense Secretary Lloyd Austin said Saturday as the Biden administration rushes to spend all the congressionally approved money it has left to bolster Kyiv before President-elect Donald Trump takes office next month. Austin said he was “confident that President Reagan would …

Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv
1 month, 2 weeks ago

Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv

Firstpost  

The aid comes at a critical time for Ukraine as questions grow about the future of US assistance when Donald Trump returns to power The European Union on Thursday confirmed it will provide Ukraine with €18.1 billion as part of a larger $50 billion Group of Seven loan aimed at supporting Kyiv amid its fight against Russia’s invasion. Uncertainty over …

As the world waits for Trump, time runs out for Biden to help Ukraine
2 months, 1 week ago

As the world waits for Trump, time runs out for Biden to help Ukraine

Politico  

“We have been sending whatever industry can produce each month, but the problem is you can only send these things as they are produced,” said Mark Cancian, a former DOD budget official now at the Center for Strategic and International Studies. “The administration could dip into the stockpiles and send equipment more quickly, but it’s unclear the Pentagon would want …

UK to provide £3bn a year support for Ukraine until the war ends
2 months, 2 weeks ago

UK to provide £3bn a year support for Ukraine until the war ends

Firstpost  

The UK has announced an annual £3 billion support for Ukraine for as long as it takes, alongside an additional £2.9 billion for the defence ministry. This support will be provided as part of the G7's Extraordinary Revenue Acceleration agreement and the UK's goal of allocating 2.5 per cent of its GDP towards defence spending.

G-7 allies are moving ahead with a $50-billion loan for Ukraine backed by frozen Russian funds
2 months, 3 weeks ago

G-7 allies are moving ahead with a $50-billion loan for Ukraine backed by frozen Russian funds

LA Times  

U.S. Secretary of Defense Lloyd J. Austin III, right, is greeted by Ukraine’s President Volodymyr Zelensky during their meeting in Kyiv, Ukraine, on Monday. Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of 7 allies, the White House said Wednesday. “Never before has a multilateral coalition frozen the assets of an aggressor country and …

UK to use frozen Russian assets for £2.26 billion loan to support Ukraine war effort
2 months, 3 weeks ago

UK to use frozen Russian assets for £2.26 billion loan to support Ukraine war effort

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

US ‘very close’ to finalizing $20B share of G7 loan to Ukraine, Yellen says
2 months, 3 weeks ago

US ‘very close’ to finalizing $20B share of G7 loan to Ukraine, Yellen says

Politico  

The loan offers G7 nations a chance to lock in longer-term funding for Ukraine’s war effort and insulate the money from the outcome of the U.S. presidential election. The EU moved ahead to approve its participation in the loan without the U.S. as the Biden administration sought greater EU assurances that the Russian assets — the vast majority of which …

As the Ukraine war enters a critical period, the EU moves ahead without the US
3 months, 2 weeks ago

As the Ukraine war enters a critical period, the EU moves ahead without the US

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy As the war in Ukraine …

EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
3 months, 3 weeks ago

EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid

Associated Press  

KYIV, Ukraine — The European Union pledged on Friday to lend Ukraine up to 35 billion euros as part of a loan package organized by the Group of Seven major industrial nations, as it seeks to help the country rebuild its economy and its war-shattered power grid. “We should make Russia pay for the destruction it caused,” European Commission President …

EU pledges to lend Ukraine up to $39 billion to help rebuild its economy and power grid
3 months, 3 weeks ago

EU pledges to lend Ukraine up to $39 billion to help rebuild its economy and power grid

LA Times  

Ukrainian President Volodymyr Zelensky and European Commission President Ursula von der Leyen greet each other in Kyiv on Friday. “We should make Russia pay for the destruction it caused,” European Commission President Ursula von der Leyen told reporters at a news conference in Kyiv with President Volodymyr Zelensky in Kyiv. Von der Leyen said that the EU has already provided …

Nearly $6 billion in funding for Ukraine will expire if Congress doesn’t act by the end of the month
4 months ago

Nearly $6 billion in funding for Ukraine will expire if Congress doesn’t act by the end of the month

Associated Press  

WASHINGTON — Nearly $6 billion in U.S. funding for aid to Ukraine will expire at the end of the month unless Congress acts to extend the Pentagon’s authority to send weapons from its stockpile to Kyiv, according to U.S. officials. U.S. officials said the Biden administration has asked Congress to include the funding authority in any continuing resolution lawmakers may …

US sanctions hundreds of firms accused of supplying Russia’s war machine
4 months, 3 weeks ago

US sanctions hundreds of firms accused of supplying Russia’s war machine

Associated Press  

WASHINGTON — The U.S. imposed sweeping sanctions Friday on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions. Friday’s action is the latest in a series of thousands of U.S. sanctions that have been imposed on Russian …

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine
5 months, 2 weeks ago

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine

China Daily  

Xinhua | Updated: 2024-07-27 04:00 Ursula von der Leyen attends a press conference after her re-election for a second term as President of the European Commission, at the European Parliament in Strasbourg, France, July 18, 2024. BRUSSELS -- The European Union announced on Friday that it has transferred 1.5 billion euros worth of frozen Russian assets to support Ukraine. The …

European Union transfers $1.6 billion raised from frozen Russian assets to Ukraine
5 months, 2 weeks ago

European Union transfers $1.6 billion raised from frozen Russian assets to Ukraine

India Today  

The European Union announced Friday it had made 1.5 billion euros available to support Ukraine, the first tranche of money generated from profits on frozen Russian assets. In May, the EU’s 27 member states reached an agreement to use the interest earned on some 210 billion euros in Russian central bank assets for military support for Ukraine and rebuilding efforts …

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine
5 months, 2 weeks ago

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine

China Daily  

Ursula von der Leyen attends a press conference after her re-election for a second term as President of the European Commission, at the European Parliament in Strasbourg, France, July 18, 2024. BRUSSELS -- The European Union announced on Friday that it has transferred 1.5 billion euros worth of frozen Russian assets to support Ukraine. The 1.4 billion euros allocated to …

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine
5 months, 2 weeks ago

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine

China Daily  

Ursula von der Leyen attends a press conference after her re-election for a second term as President of the European Commission, at the European Parliament in Strasbourg, France, July 18, 2024. BRUSSELS -- The European Union announced on Friday that it has transferred 1.5 billion euros worth of frozen Russian assets to support Ukraine. The 1.4 billion euros allocated to …

Ukraine says struck preliminary deal to restructure $20 bn debt
5 months, 3 weeks ago

Ukraine says struck preliminary deal to restructure $20 bn debt

Hindustan Times  

Kyiv said Monday it had struck a preliminary deal with international creditors to restructure government debt worth more than $20 billion, giving the war-torn country some financial breathing room. Ukraine says struck preliminary deal to restructure $20 bn debt Ukraine's economy has been decimated by Russia's invasion and the government is reliant on international aid to help it fund both …

Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure
5 months, 3 weeks ago

Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure

Live Mint  

* Deal to enable $11.4 billion in cash flow relief over next three years * Agreement frees money for defence, social spending - Ukraine PM * Government says IMF, official lenders have signed off on deal * Bonds rally some 5 cents on news of the deal By Karin Strohecker and Libby George LONDON, - Ukraine said on Monday it …

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework
5 months, 3 weeks ago

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework

Hindustan Times  

* Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework Deal to enable $11.4 bln in cash flow relief over next 3 years * Agreement frees money for defence, social spending - Ukraine PM * Government says IMF, official lenders have signed off on deal By Karin Strohecker and Libby George LONDON, - Ukraine said on Monday …

The EU targets Russia’s LNG ghost fleet with sanctions as concern mounts about hybrid attacks
6 months, 3 weeks ago

The EU targets Russia’s LNG ghost fleet with sanctions as concern mounts about hybrid attacks

Associated Press  

BRUSSELS — The European Union on Monday slapped new sanctions on Russia over its war on Ukraine, targeting Moscow’s shadow fleet of tankers moving liquefied natural gas through Europe as well as several companies. In an effort to push Russia into using more costly routes for energy purposes, the ministers said in a statement, the EU will “forbid reloading services …

Italian Premier Meloni describes Putin’s cease-fire offer for Ukraine as ‘propaganda’
7 months ago

Italian Premier Meloni describes Putin’s cease-fire offer for Ukraine as ‘propaganda’

Associated Press  

BORGO EGNAZIA, Italy — Italian Premier Giorgia Meloni on Saturday dismissed a cease-fire offer for Ukraine by Russian President Vladimir Putin as “propaganda,” as she wrapped up a Group of Seven summit that saw a deal reached for a $50 billion loan to Ukraine. Asked about Putin’s cease-fire proposal, Meloni said it “seems to me more like a propaganda move …

G7 to use Russian assets for $50bn Ukraine loan: How will it work?
7 months ago

G7 to use Russian assets for $50bn Ukraine loan: How will it work?

Al Jazeera  

The funds could help Ukraine defend itself against Russia. The G7 group of countries announced a plan on Thursday to use frozen Russian assets to finance a $50bn loan for Ukraine as Kyiv continues its desperate campaign to stop its bigger neighbour’s forces from advancing further, 28 months into Moscow’s war. Many Western nations froze assets of the Russian Central …

Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’
7 months ago

Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’

Al Jazeera  

Western countries have agreed to use interest on frozen Russian assets to give Ukraine a $50bn loan. Russia’s President Vladimir Putin denounced an agreement by Western countries to provide Ukraine with a loan package using frozen Russian assets and pledged retaliation. Following the announcement at the G7 annual summit in Italy, US President Joe Biden said the frozen assets agreement …

Ukraine and US sign 10-year security deal as G7 leaders pledge $75 billion loan package to Kyiv
7 months ago

Ukraine and US sign 10-year security deal as G7 leaders pledge $75 billion loan package to Kyiv

ABC  

In short: US President Joe Biden and Ukrainian President Volodymyr Zelenskyy have signed a 10-year agreement designed to bolster Ukraine's defences against Russia's invasion. US President Joe Biden and Ukrainian President Volodymyr Zelenskyy have signed a 10-year agreement designed to bolster Ukraine's defences against Russia's invasion. US President Joe Biden and Ukrainian President Volodymyr Zelenskyy have signed a landmark 10-year …

G7 leaders agree on $50B Ukraine loan using frozen Russian assets
7 months ago

G7 leaders agree on $50B Ukraine loan using frozen Russian assets

Daily Mail  

Ukrainian President Volodymyr Zelensky was welcomed with open arms by Italian Prime Minister Giorgia Meloni at the G7 summit in Puglia today as world leaders agreed a new $50-billion loan for Ukraine using profits from frozen Russian assets. As talks began, leaders announced their support for a huge new loan secured against future interest from some 300 billion euros of …

G7 leaders agree to lend Ukraine billions backed by Russia’s frozen assets. Here’s how it will work
7 months ago

G7 leaders agree to lend Ukraine billions backed by Russia’s frozen assets. Here’s how it will work

Associated Press  

WASHINGTON — Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. President Joe Biden told reporters at a news conference Thursday that the move was part of a “historic agreement.” Ukraine’s president, Volodymyr Zelenskyy, said providing a loan through Russia’s assets “is a vital step …

G7 nations to use frozen Russian assets to provide $50 billion aid to Ukraine
7 months ago

G7 nations to use frozen Russian assets to provide $50 billion aid to Ukraine

Hindustan Times  

Group of Seven leaders have agreed to provide Ukraine with $50 billion via the use of frozen Russian assets by the end of the year, the French presidency said on Wednesday. On Wednesday, a French presidency official said that leaders had agreed to provide Ukraine with the $50 billion before the end of the year. G7 leaders had aimed to …

G7 leaders agree to $50bn loan for Ukraine at annual summit
7 months ago

G7 leaders agree to $50bn loan for Ukraine at annual summit

Al Jazeera  

G7 leaders hail ‘unity’ after reaching deal to fund Ukraine via profits on frozen Russian assets during summit in Italy. The deal on Ukraine’s loan agreed upon at the three-day summit, where leaders of the Group of Seven major democracies are convening, marks “a very historic step and a historic decision,” German Chancellor Olaf Scholz said on Thursday. “With the …

Europe bows to US pressure to agree $50bn loan for Ukraine
7 months ago

Europe bows to US pressure to agree $50bn loan for Ukraine

The Telegraph  

Rishi Sunak, the Prime Minister, said the loan would be “game-changing” for Ukraine’s ability to ward off Russian attacks. ‘Forward leaning’ A Foreign Office source said: “It’s always been the case that us and the US have been most forward-leaning, needing to persuade the others.” US officials hope the loan plan will avoid a “tantrum” from Mr Zelensky at next …

G7 agrees to loan Ukraine $50 billion from the interest on frozen Russian assets
7 months ago

G7 agrees to loan Ukraine $50 billion from the interest on frozen Russian assets

NPR  

G7 agrees to loan Ukraine $50 billion from the interest on frozen Russian assets toggle caption Ludovic Marin/AFP/Getty Images Western leaders have agreed to loan Ukraine up to $50 billion to fight Russia and rebuild after the lengthy war, money that will be repaid over time from the interest accumulating on frozen Russian financial assets, a senior U.S. official told …

US and Ukraine’s EU allies rush to agree deal on Russian assets ahead of G7
7 months ago

US and Ukraine’s EU allies rush to agree deal on Russian assets ahead of G7

Al Jazeera  

Rome, Italy – US officials are trying to get European allies on board for a deal to present at the G7 leaders summit later this week on how to use the interest from Russian frozen assets to support war-torn Ukraine. We believe it’s a priority for the entire G7,” US President Joe Biden’s national security adviser, Jake Sullivan, said last …

EU to consider leveraging windfall profits from Russian assets after G7 summit
7 months, 1 week ago

EU to consider leveraging windfall profits from Russian assets after G7 summit

Hindustan Times  

By Jan Strupczewski EU to consider leveraging windfall profits from Russian assets after G7 summit BRUSSELS - European Union finance ministers will consider a G7 plan for leveraging windfall profits generated by Russian assets, immobilised in the West after Russia's invasion of Ukraine, after a G7 summit later in June, the ministers' chairman said. After Moscow's invasion of Ukraine in …

Treasury official says budget assistance designed to help Ukraine anti-corruption efforts
7 months, 1 week ago

Treasury official says budget assistance designed to help Ukraine anti-corruption efforts

Associated Press  

WASHINGTON — Just back from a visit to Ukraine, a U.S. Treasury official on Tuesday described a country whose wartime economy has proven resilient in the face of Russia’s invasion and said U.S. and allies’ budget assistance is designed to help the nation combat corruption and increase transparency. Brent Neiman, deputy undersecretary for international finance, said in a speech that …

US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets
7 months, 2 weeks ago

US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets

Associated Press  

WASHINGTON — A senior U.S. Treasury official has met with Ukrainian officials in Kyiv to discuss U.S. financial support, enforcing sanctions on Russia and using frozen Russian assets for Ukraine’s benefit in the war with Moscow. The visit this week by Deputy Secretary Wally Adeyemo came as Russia gains territory after a lengthy delay in U.S. military aid left Ukraine …

Sweden announces $1.23bn military aid for Ukraine as Blinken visits Moldova
7 months, 2 weeks ago

Sweden announces $1.23bn military aid for Ukraine as Blinken visits Moldova

Al Jazeera  

Stockholm makes pledge as Washington and Brussels push to raise support in the third year of Russia-Ukraine war. The Swedish government says it will donate 13 billion kronor in military assistance to Ukraine as Kyiv struggles with multiple delays of vital Western military aid in the third year of Russia’s full-scale invasion. Swedish Deputy Prime Minister Ebba Busch said on …

As Ukraine war rages, Russia activates sabotage plans in Europe: Experts
7 months, 2 weeks ago

As Ukraine war rages, Russia activates sabotage plans in Europe: Experts

Al Jazeera  

Russia is accused of putting into effect psychological, economic and military operations planned by the USSR. “This is an unprecedented phenomenon in Western post-war history.” The Financial Times this month cited intelligence of imminent Russian hybrid operations in Germany, Sweden and the United Kingdom, and a report from Chatham House, a London-based think tank, detailed incidents across Europe that “match …

EU tries to drum up military support for Ukraine as Zelenskyy tours Spain, Belgium and Portugal
7 months, 2 weeks ago

EU tries to drum up military support for Ukraine as Zelenskyy tours Spain, Belgium and Portugal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy European Union defense ministers are …

Ukraine gets more military aid from Europe but Putin warns of consequences if Russian soil is hit
7 months, 2 weeks ago

Ukraine gets more military aid from Europe but Putin warns of consequences if Russian soil is hit

Associated Press  

LISBON, Portugal — Ukrainian President Volodymyr Zelenskyy received a second $1 billion promise of military aid in as many days Tuesday during a whirlwind tour of three European Union countries, while President Vladimir Putin warned that hitting Russian soil with Western-supplied weapons could set the war on a dangerous new path. He later traveled to Portugal, where he said it …

G-7 ministers cite 'progress' but no done deal on Russian assets for Ukraine
7 months, 2 weeks ago

G-7 ministers cite 'progress' but no done deal on Russian assets for Ukraine

The Hindu  

G-7 Finance Ministers cited "progress" on Saturday in finding ways to use profits from frozen Russian assets to help Ukraine, envisioning a concrete proposal to present to a leaders' summit next month. G-7 Finance Ministers reiterated in the draft that Russian assets frozen by the Group of Seven nations "will remain immobilised until Russia pays for the damage it has …

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets
7 months, 3 weeks ago

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Associated Press  

FRANKFURT, Germany — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. “We are making progress in our discussions on potential avenues to bring forward the extraordinary profits stemming from immobilized Russian sovereign assets to the benefit …

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting
7 months, 3 weeks ago

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

Associated Press  

FRANKFURT, Germany — The U.S. sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China’s trade practices as finance ministers from the Group of Seven rich democracies opened a two-day meeting on Friday on the shores of northern Italy’s scenic Lago Maggiore. AP AUDIO: US pushes for Ukraine aid, united …

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets
7 months, 3 weeks ago

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Associated Press  

FRANKFURT, Germany — Ukraine’s allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv’s war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. “Securing Ukraine’s position in the medium-to-long term requires unlocking the value of immobilized Russian sovereign assets,” …

‘New ground is being broken’: EU seizes Russian profits for Ukraine
7 months, 3 weeks ago

‘New ground is being broken’: EU seizes Russian profits for Ukraine

Al Jazeera  

Ukraine wants to use $300bn in Russian central bank money held abroad to defeat it; Europe isn’t enthusiastic. Ukraine wants to use the estimated 210 billion euros of Russian central bank money held in European institutions to defeat Russia on the battlefield. “In this sense, new ground is being broken.” The EU decision is to tap the interest twice a …

Ukraine putting pressure on fighting-age men outside the country as it tries to replenish forces
8 months, 3 weeks ago

Ukraine putting pressure on fighting-age men outside the country as it tries to replenish forces

LA Times  

A Ukrainian serviceman attaches a bomb to a drone in the trenches at the front line, a few miles from Bakhmut, Donetsk region, on Tuesday. Opposition lawmaker Ivanna Klympush-Tsyntsadze, who heads the Parliamentary Committee for Ukraine’s European Integration, said denying military-age men access to consular services could lead to “well-founded” legal challenges at the European Court of Human Rights. “This …

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