FT: EU eyes Belgian king as Hungary threatens to block Russia sanctions renewal
A royal WWII decree is considered a fallback option to retain Russia’s frozen €190 bn in the EU if pro-Russian Budapest vetoes sanctions renewal.
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Euroclear
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Euroclear to transfer € 1.55 billion to Ukraine fund from frozen Russian assets in July 2024
In addition to the significant transfer to the Ukraine fund, Euroclear will pay Belgium €836 million in corporate taxes from the profits of sanctioned Russian assets for the first half of 2024.
Seizing Russian assets for Ukraine: a no-nonsense guide
Confused about why Ukraine can’t just grab Russian frozen assets to fund its fight? We’ve got you covered, from Euroclear to REPO Act.
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
FT: US proposes debt to fund Ukraine using profits from Russian assets
The US hopes that the idea could generate tens of billions dollars for Ukraine.
