'An act of war': Belgian PM Wever issues stark warning on seizing frozen Russian assets
4 days, 22 hours ago

'An act of war': Belgian PM Wever issues stark warning on seizing frozen Russian assets

Firstpost  

Belgian Prime Minister warned that the move to seize frozen Russian assets would carry “systemic risks to the entire financial world system” and spark retaliation from Moscow, according to a report Belgian Prime Minister Bart De Wever said late on Thursday that Europe confiscating almost €200 billion of frozen Russian assets would be “an act of war”. According to a Politico report, speaking after a gathering of EU leaders in Brussels, he warned that the move would carry “systemic risks to the entire financial world system” and spark retaliation from Moscow. De Wever’s warning comes as European countries, including France, the UK, and Spain, are increasingly inclined to seize Russian assets that were frozen following President Vladimir Putin’s full-scale invasion of Ukraine in February 2022. De Wever cautioned fellow leaders to refrain from publicly “representing the frozen and immobilised assets like Putin’s little piggy bank that you can just break with a hammer and then take the money out and spend it on whatever you want … because it’s just not that simple.” With inputs from agencies

Europe War Ukraine Russia Assets Politico Frozen Russian Assets Frozen Russian Assets Wever De Wever Belgian Prime Euroclear  frozen  eu  seize  assets  issues  minister  seizing  war  wever  warning  world  belgian  prime  stark  politico  russian

History of this topic

Should Ukraine Get $200 Bn of Seized Russian Assets? Yes, Says the Mahabharata
3 days ago

Should Ukraine Get $200 Bn of Seized Russian Assets? Yes, Says the Mahabharata

The Quint  

Europe is trapped in a moral hazard. Hey, wait, Europe’s holding over $200 billion of seized Russian assets — the bulk of them in Belgium. It was against international law and could undermine the confidence of other investors – for example, China, the Gulf States, India, and Brazil – in holding Sterling/Euro assets. Besides, they feared Russian retaliation, as Putin …

Europe needs money to back Ukraine. Why is it reluctant to spend Russia’s?
5 days, 9 hours ago

Europe needs money to back Ukraine. Why is it reluctant to spend Russia’s?

CNN  

Paris CNN — Three years of war in Ukraine have left Europe with a hefty bill: nearly $122 billion in direct assistance, plus billions more plowed into the continent’s militaries and defense industry. Some progress on that front was achieved last week, when the European Parliament agreed on a resolution to confiscate Russian frozen assets for Ukraine’s “defense and reconstruction.” …

The $300 billion question: What to do with Russia’s frozen central bank money?
Trending News
1 week, 1 day ago

The $300 billion question: What to do with Russia’s frozen central bank money?

Associated Press  

FRANKFURT, Germany — With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. If Russian assets were seized without legal grounds, “it could pose a risk to European financial stability,” he said. …

The $300 billion Puzzle: What to do with Russia's frozen central bank money?
1 week, 1 day ago

The $300 billion Puzzle: What to do with Russia's frozen central bank money?

India Today  

With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. If Russian assets were seized without legal grounds, “it could pose a risk to European financial stability,” he said. Those windfall profits …

G7 threatens Russia with expanded sanctions, use of frozen assets if it doesn't implement ceasefire
1 week, 3 days ago

G7 threatens Russia with expanded sanctions, use of frozen assets if it doesn't implement ceasefire

Firstpost  

Earlier efforts by Trump’s team had focused on pressuring Kyiv to accept a swift resolution, but Russia’s hesitation to embrace an immediate ceasefire has shifted diplomatic attention G7 countries are threatening to impose wider sanctions against Russia if it fails to implement ceasefire in the Ukraine war. File image/Reuters The G7 nations have signalled that they may expand sanctions on …

France says it will give Ukraine arms worht $211 million using interest from frozen Russian assets
2 weeks, 2 days ago

France says it will give Ukraine arms worht $211 million using interest from frozen Russian assets

Firstpost  

The Group of Seven powers agreed last year to provide Ukraine with $50 billion via a series of bilateral loans that Kyiv could pay off using windfall profits from $300 billion of frozen Russian state assets French President Emmanuel Macron gestures after a meeting with European leaders on Ukraine and European security at the Elysee Palace in Paris, France. File …

Takeaways from the EU’s landmark security summit after Trump said Europe must fend for itself
2 weeks, 4 days ago

Takeaways from the EU’s landmark security summit after Trump said Europe must fend for itself

Associated Press  

BRUSSELS — European Union leaders are trumpeting their endorsement of a plan to free up hundreds of billions of euros to inject into their defense budgets after the Trump administration warned that the continent must look after its own security, including Ukraine, in future. After more than 12 hours of talks on Thursday, the 27 leaders signed off on a …

Why Ukraine’s allies are divided over using $300 billion in Russian assets
2 weeks, 5 days ago

Why Ukraine’s allies are divided over using $300 billion in Russian assets

Live Mint  

The question of what to do with the $300 billion in frozen funds has divided European countries ever since. However, there are around 190 billion euros, equivalent to $205 billion, in Belgium’s Euroclear, one of the European Union’s biggest clearinghouses, where Russia parked the money ahead of the war. In May 2023, the Group of Seven countries said the frozen …

Trump’s Ukraine arms freeze highlights Zelenskyy’s dilemma
2 weeks, 5 days ago

Trump’s Ukraine arms freeze highlights Zelenskyy’s dilemma

Firstpost  

The US weapons inventory will not last beyond three months, but Ukraine never had a chance against Russia with or without American military assistance US President Donald Trump on February 22, 2025, and Ukraine's President Volodymyr Zelensky on February 23, 2025. Zelenskyy wanted a peace deal with Russia and a minerals pact with the US that would have guaranteed Ukraine’s …

Panicked EU leaders gather to drum up £700bn war chest as Macron says French nuclear umbrella can protect Europe after Trump halted Ukraine's military funding
2 weeks, 6 days ago

Panicked EU leaders gather to drum up £700bn war chest as Macron says French nuclear umbrella can protect Europe after Trump halted Ukraine's military funding

Daily Mail  

European Union leaders are planning on holding emergency talks on Thursday to figure out how to quickly increase their military budgets after Donald Trump's administration signalled that Europe must take care of its own security and also suspended assistance to Ukraine. Last night, French president Emmanuel Macron gravely said he is open to discussing how to extend the protection offered …

UK bolsters support for Ukraine with £2.26billion loan: Military aid package will be funded by frozen Russian assets as Starmer gives Zelensky 'full backing' after his showdown with Donald trump
3 weeks, 3 days ago

UK bolsters support for Ukraine with £2.26billion loan: Military aid package will be funded by frozen Russian assets as Starmer gives Zelensky 'full backing' after his showdown with Donald trump

Daily Mail  

Rachel Reeves is set to unleash billions for Britain's defence industry while providing over £2 billion from frozen Russian assets to bolster Ukraine's military. Chancellor of the Exchequer Rachel Reeves signs the Extraordinary Revenue Acceleration Loans to Ukraine document as she holds a video conference meeting with Ukraine's Finance Minister Sergii Marchenko The Chancellor is preparing to broaden the scope …

Russia accuses UK and France of ‘heating up’ Ukraine war amid defence push
3 weeks, 6 days ago

Russia accuses UK and France of ‘heating up’ Ukraine war amid defence push

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. Appearing at Prime Minister’s Questions ahead of his visit to the US, Sir Keir …

David Lammy: We should move from freezing Russian assets to seizing them
1 month ago

David Lammy: We should move from freezing Russian assets to seizing them

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 and its European allies should move from freezing …

Russia may concede $300 bn of frozen assets for Ukraine reconstruction in peace deal: Report
1 month ago

Russia may concede $300 bn of frozen assets for Ukraine reconstruction in peace deal: Report

Firstpost  

Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that Moscow’s forces control, according to a report, citing three sources A firefighter works at a site of an apartment building damaged during a Russian drone strike, …

Russia may concede $300 bn of frozen assets for Ukraine reconstruction in peace deal: Report
1 month ago

Russia may concede $300 bn of frozen assets for Ukraine reconstruction in peace deal: Report

Firstpost  

Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that Moscow’s forces control, according to a report, citing three sources A firefighter works at a site of an apartment building damaged during a Russian drone strike, …

Claims Putin could concede $300 billion in frozen assets as part of war deal
1 month ago

Claims Putin could concede $300 billion in frozen assets as part of war deal

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 Russia could agree to using …

Trump's $500 billion Ukraine payback exceeds German war reparations: Report
1 month, 1 week ago

Trump's $500 billion Ukraine payback exceeds German war reparations: Report

India Today  

US President Donald Trump has offered a deal worth USD 500 billion for war-torn Ukraine to take control of half of the European country's natural resources, including having access to Ukrainian rare earth minerals, oil and gas, and ports and infrastructure, according to a draft agreement seen by British newspaper The Telegraph. If Ukraine accepts the US's demands, which seems …

European leaders regroup in Paris for strategy huddle after Trump’s diplomatic blitz on Ukraine
1 month, 1 week ago

European leaders regroup in Paris for strategy huddle after Trump’s diplomatic blitz on Ukraine

The Hindu  

French President Emmanuel Macron called leaders from key European Union nations and the United Kingdom to his ornate Elysee Palace on Monday for an emergency meeting on how to react to the U.S. diplomatic blitz on Ukraine, which left the once rock-solid partner as a potential political liability. Russia-Ukraine war: Full coverage Despite belligerent warnings for months ahead of Donald …

EU gives Ukraine first tranche of loan backed by Russian assets
2 months, 2 weeks 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 …

US disburses $20 billion Ukraine loan backed by profits from Russian assets
3 months, 2 weeks 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
3 months, 2 weeks 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 …

The fate of frozen Russian assets: Trump's decision looms
3 months, 3 weeks ago

The fate of frozen Russian assets: Trump's decision looms

India Today  

The fate of billions of pounds in frozen Russian assets now rests in the hands of U.S. President-elect Donald Trump. Since Russia’s full-scale invasion of Ukraine, Western nations have taken action, freezing approximately $300 billion worth of Russian assets. In April of this year, President Joe Biden signed the REPO Act into law, which paved the way for the U.S. …

G7 allies are moving ahead with a $50 billion loan for Ukraine backed by frozen Russian funds
5 months ago

G7 allies are moving ahead with a $50 billion loan for Ukraine backed by frozen Russian funds

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 The White House said Wednesday …

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

Britain to lend Ukraine more than £2bn for weapons - with the money coming from frozen Russian assets
5 months ago

Britain to lend Ukraine more than £2bn for weapons - with the money coming from frozen Russian assets

Daily Mail  

Britain is to lead a ‘bullion for bullets’ scheme to use Russian financial assets to pay for Ukrainian weapons. The new loan to Ukraine will be paid back using the profits of frozen Russian assets Britain will also continue to gift the country £3 billion in military aid on an annual basis as the revenue streams will remain entirely separate. …

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine
7 months, 3 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
7 months, 3 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
7 months, 3 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
7 months, 3 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 sends first $1.6 billion from frozen Russia assets to Ukraine
7 months, 3 weeks ago

EU sends first $1.6 billion from frozen Russia assets to Ukraine

Associated Press  

THE HAGUE, Netherlands — 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 …

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

Putin 'ready for a ceasefire tomorrow' if Ukraine pulls back troops
9 months, 1 week ago

Putin 'ready for a ceasefire tomorrow' if Ukraine pulls back troops

Daily Mail  

Vladimir Putin has announced he will call a ceasefire and immediately enter peace talks if Ukraine is willing to pull back its troops from four regions occupied by Russian forces and give up plans to make a NATO membership bid. But Putin's troops currently control a significant amount of Donetsk and Luhansk, and in September 2022 Moscow unilaterally declared it …

G7 to use Russian assets for $50bn Ukraine loan: How will it work?
9 months, 1 week 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’
9 months, 1 week 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 …

G7 leaders agree on $50B Ukraine loan using frozen Russian assets
9 months, 1 week 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
9 months, 1 week 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
9 months, 1 week 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 …

Europe bows to US pressure to agree $50bn loan for Ukraine
9 months, 1 week 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
9 months, 1 week 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
9 months, 2 weeks 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
9 months, 2 weeks 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 …

US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets
9 months, 3 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 …

As Ukraine war rages, Russia activates sabotage plans in Europe: Experts
9 months, 3 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
9 months, 3 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
9 months, 3 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
10 months 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
10 months 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 …

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