Russian assets Archives - Euromaidan Press

2 minute read

Latest news Ukraine

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.

byMaria Tril

2 minute read

Latest news Ukraine

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.

byMaria Tril

Kyiv, illustrative image. Photo via Wikimedia.

2 minute read

Latest news Ukraine

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.

byBenjamin Looijen

Ukrainian Army's German-made Leopard 2 main battle tank. Photo: X/General Staff of the Armed Forces of Ukraine

2 minute read

Latest news 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.

byYuri Zoria

European Union Flags. Credit: Wikimedia Commons/Thijs ter Haar.

2 minute read

Latest news Ukraine

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.

byBenjamin Looijen

2 minute read

Latest news Ukraine

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.

byYevheniia Martyniuk

No Russian assets profits for Ukraine aid, says Switzerland

1 minute read

Latest news Ukraine

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.

byYevheniia Martyniuk

2 minute read

Latest news Ukraine

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.

byOlena Mukhina

Protest Ukraine activists make Russia pay reparations

6 minute read

Opinion

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

byOlena Halushka

2 minute read

Latest news Ukraine

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.

byBohdan Ben

EU Commission aims to send €3bn annually for Ukraine from frozen Russian assets

2 minute read

Latest news Ukraine

EU aims to send €3bn annually for Ukraine from frozen Russian assets profit

The first payment could be made as early as July 2024.

byYevheniia Martyniuk

2 minute read

Latest news Ukraine

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.

byMaria Tril

2 minute read

Latest news Ukraine

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.

byYuri Zoria

2 minute read

Latest news Ukraine

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.

byYuri Zoria

1 minute read

Latest news Ukraine

G7 nations lean towards seizing Russian assets

The U.S., initially hesitant, now assures G7 allies it can legally seize Russian assets.

byOrysia Hrudka

1 minute read

Latest news Ukraine

UK foreign secretary urges use of $350 bn frozen Russian assets for Ukraine’s reconstruction

UK Foreign Secretary David Cameron said there is a strong argument for seizing frozen Russian assets worth nearly…

byOlena Mukhina

8 minute read

Analysis

Four reasons the West should finally seize Russia’s frozen assets for Ukraine

Not only is it legally sound, it will discourage authoritarian countries from launching wars. And if countries act in unison, this step will not destabilize Western economies, a new report says.

byYevheniia Martyniuk

2 minute read

Latest news Ukraine

EU parliament backs €50 billion for Ukraine’s recovery

The EU Parliament greenlights €50 billion for Ukraine's recovery, emphasizing urgent adoption, democratic accountability, and proposing Russian assets fund reconstruction, aiming to modernize the nation by 2027.

byYuri Zoria

2 minute read

Latest news Ukraine

Belgium commits €1.7 billion for Ukrainian aid from taxed frozen Russian assets

Belgium commits €1.7 billion for Ukraine's assistance, drawing from taxed frozen Russian assets. The EU and G7 explore taxing immobilized Russian sovereign assets, while Belgium works on banning Russian diamonds from its markets.

byYuri Zoria

Ruslan in canada plane Russian confiscation Ukraine

2 minute read

Latest news Ukraine

Ukraine eyes grounded Russian cargo planes in Canada, Germany as asset seizures stall

Antonov Airlines seeks to expand its NATO cargo fleet with 4 seized Russian planes worth over $240 million, but confiscation obstacles persist despite Canada's precedent.

byAlya Shandra