EU plan for up up €210bn in frozen Russian assets to fund Ukraine

Описание: The European Commission has brought forward a legal proposal to potentially use up to €210 billion in frozen Russian assets to fund Ukraine in the coming years.

The plan would provide for an initial €90 billion, which would be covered either by using immobilised Russian assets or through EU borrowing on the international markets.

The commission's preference, and that of most member states, is to convert frozen Russian assets into a loan for Ukraine that would be repaid only when Moscow started to make war reparations to Kyiv.

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