The European Union is in the process of drafting legislation aimed at redirecting profits generated from frozen Russian Central Bank assets to Ukraine. This initiative, intended to support Ukraine amid ongoing conflicts, could see Ukraine beginning to receive these profits as early as July. The move is part of a broader strategy to utilize Russian sovereign assets in a manner that benefits Ukraine, marking a significant shift in the EU's approach to financial sanctions and asset management. Additionally, the EU's plan includes proposals to use these profits for purchasing weapons for Ukraine, highlighting the dual purpose of financial support and military aid. This development comes at a time when a crucial US aid package for Ukraine is delayed in Congress, underscoring the EU's proactive stance in supporting Ukraine.
The EU will unveil proposals to use profits from frozen Russian assets to help Ukraine, as a much-needed US aid package remains stuck in Congress. Read the Brussels Edition https://t.co/vKuNtJZdj0
The EU will unveil proposals to use profits from frozen Russian assets to help Ukraine, as a much-needed US aid package remains stuck in Congress. Read the Brussels Edition https://t.co/qIEhy0HV6B
The EU will unveil proposals to use profits from frozen Russian assets to help Ukraine, as a much-needed US aid package remains stuck in Congress. Read the Brussels Edition https://t.co/42AmPt3x3p
European Union pushes ahead with a plan to buy weapons for Ukraine with frozen Russian asset profits https://t.co/j4F2lz7Tau
EU develops mechanism for transferring Russia's frozen assets to Ukraine https://t.co/JizLbQu8p0
⚡️ Bloomberg: EU drafts proposal on funneling profits from Russian assets to Ukraine. The EU has drafted a proposal that would enable Ukraine to receive profits generated by frozen Russian assets as early as July, Bloomberg reported on March 19. https://t.co/jYXiXz2Qzs
‘A New Way of Doing Business’ – #War in #Ukraine Update for March 19 #EU tops up its pool for Kyiv aid; Missiles rain down on both sides of the border; Government announces another $129M for drones; #US senator says a loan would get the $60B aid deal done https://t.co/9LRMvcXQcM
BREAKING: The European Union is proposing legislation to send profits from the Russian Central Bank to Ukraine. Must be the rules based order of liberal democracies- stealing
The European Union has prepared legislation that would see Ukraine start to receive profits generated by frozen Russian sovereign assets as early as July. https://t.co/5SJpPquV61
THE EU IS DRAFTING A LAW THAT WOULD REDIRECT RUSSIAN CENTRAL BANK PROFITS TO UKRAINE
EU DRAFTS LAW TO SEND RUSSIAN CENTRAL BANK PROFITS TO UKRAINE https://t.co/28LNfJkEHB
*EU DRAFTS LAW TO SEND RUSSIAN CENTRAL BANK PROFITS TO UKRAINE