Rzeczpospolita: In fourth year of Russia-Ukraine war, Poland’s leader sides with the aggressor
While Russian bombs fall, President Nawrocki blocks support, giving the Kremlin exactly what it wants.
Browsing Tag
Russian assets
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Ukraine receives third $ 1.9 bn payment from EU’s frozen Russian assets program
The European Union announced its third transfer of €1.6 billion generated from frozen Russian assets, with 95% of the funds now flowing through Ukraine's loan cooperation mechanism
Europe urgently searches $19 billion for Kyiv as America sends only drops of aid to Ukraine despite Russia’s terror escalation
Trump’s aid freeze pushes Kyiv toward financial ruin, with Brussels scrambling to stabilize the front.
Diplomacy can wait, but weapons can’t. Kyiv is ready to spend cash on American equipment
The Ukrainian president reveals plans to negotiate a new defense deal with Trump
Japan to provide Ukraine with $ 3 bn from Russian assets
Japan has become the latest G7 country to extend financial support to Ukraine using the ERA mechanism that utilizes profits from immobilized Russian assets.
Reuters: US senators urge Trump administration to transfer Russian assets to Ukraine
A bipartisan group calls for the transfer of frozen Russian assets to Ukraine, aiming to support reconstruction and defense amid ongoing peace talks.
EU debates seizing €200 billion in Russian assets after exclusion from peace talks, Politico reports
A major rift has emerged among EU member states over whether to confiscate hundreds of billions in Russian assets currently held in Brussels-based financial institution Euroclear.
US financier warns of refugee surge if Ukraine aid plan fails
Europe must act quickly to seize $300bn in Russian reserves or risk losing control over Ukraine's future, warns Sir Bill Browder.
IMF: More profitable for partners to finance Ukraine now, instead of financing consequences of defeat
The representative argues that the economic ripple effects of a Russian victory would far exceed the price of current aid packages to Ukraine.
Berlin says weapon shortages, not finances, hinder timely Ukraine aid
Germany is continuously assessing additional military support options and encourages its partner nations to conduct similar reviews.
FM Syhiba and EU counterpart talk about progress on €35bn loan at expense of Russian assets
This financial assistance package, agreed upon by the EU Council, forms part of a larger loan initiative by the G7 nations.
Dutch banks release € 560 million in Russian assets amid sanction loopholes
The value of frozen assets had decreased by over sixfold from the initial estimates.
No Russian assets profits for Ukraine aid, says Switzerland
In contrast, the EU has allocated €1.5 billion from frozen Russian asset profits to support Ukraine's defense and reconstruction efforts.
Dombrovskis: Ukraine may receive first €1,5 billion tranche of frozen Russian assets soon
Overall, the European Commission expects to mobilize up to €3 billion from frozen Russian assets in 2024.
Russia must pay: US paves way for historic confiscation of $ 300bn in reparations for Ukraine
The ball is now in the EU's court, as the confiscation of Russian assets becomes a matter of political will
US Congress paves the way for the confiscation of frozen Russian assets
Congress became the first among G7 parliaments to adopt the legislature allowing the confiscation of Russian assets.
EU aims to send €3bn annually for Ukraine from frozen Russian assets profit
The first payment could be made as early as July 2024.
British foreign secretary proposes to loan all frozen Russian assets in UK to Ukraine
The plan could provide funds for arms & budgets if US aid stalls, though it may be "more radical than proposals discussed in the European Union," the Guardian reports.
Bloomberg: G7, EU discuss using $250 billion frozen Russian assets for Ukraine rebuild
The G7 and the European Union are exploring a plan to leverage over $250 billion in frozen Russian central bank assets to finance Ukraine's post-war reconstruction, sources tell Bloomberg. The strategy includes issuing debt against these assets, with discussions still at a technical level.
German prosecutors break new ground with request to seize Russian entity’s €720 million
Germany's Chief Federal Prosecutor takes a historic move to seize €720 million in Russian assets held by a Moscow exchange subsidiary in a German bank account. This comes in response to a company's attempt to hide funds, signaling a major shift from asset freezing.