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
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