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HomeWorldThe EU supported the...
June 30, 2023

The EU supported the plan to use the frozen assets of Russia in favor of Ukraine – Bloomberg

By David
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    The plan to use the frozen Russian assets in favor of Ukraine was supported in Europe.

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    .

    The leaders of the European Union during the talks in Brussels on June 30 supported the study of the option of using profits from the assets of the Russian central bank. It is estimated that this profit could amount to about 3 billion euros per year. It is reported by Bloomberg.

    In this matter, the European Union plans to enlist the support of the G7 countries. The UK has already backed the plan, and talks between Brussels and Washington will continue in the coming weeks.

    The European Commission is preparing to submit a detailed proposal before the end of the summer, but there is a legal risk that the plan could be challenged in court.

    Recall, on June 19, the UK introduced new legislation that allows it to maintain sanctions against Russia until it pays compensation to Ukraine.

    Source: Bloomberg

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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