Wednesday, December 11, 2024

Tag: EU moves to freeze Russian assets indefinitely – FT

EU moves to freeze Russian assets indefinitely – FT

from RT:

The reported plan seeks to give the US guarantees that the West would be able to tap into the immobilized funds for as long as needed

The EU is mulling a plan to freeze Russian assets indefinitely to allay US concerns about whether a $50 billion loan to Ukraine would be repaid, the Financial Times reported on Wednesday, citing internal documents.

The EU has frozen more than €200 billion ($217 billion) in Russian central bank assets following the start of the Ukraine conflict in February 2022, a move condemned by Moscow as “theft.”