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Discussions are ongoing regarding the repurposing of frozen Russian assets to aid Ukraine's situation. Various officials and experts have weighed in on the potential impact and challenges of using these assets, with some proposing alternative methods to access funds without complete confiscation. The G7 countries are no longer considering complete confiscation, opting for alternative approaches instead.
Representatives of the Group of Seven (G7) say that the issue of confiscation of Russian assets is no longer mentioned, but alternative measures are being considered, writes the "Financial Times". " Although Ukraine insists on the complete confiscation of Russian assets, the… https://t.co/e9t4ePvoZi
The G7 countries are no longer discussing the issue of complete confiscation of Russian assets. The Financial Times newspaper writes about this.
Although Ukraine continues to push for an all-out seizure of Russia’s assets, G7 officials say privately that is no longer on the table. Instead, they are exploring alternative ways of extracting funding, report @paolatamma @lauramdubois @Sam1Fleming https://t.co/Gm3lykK5vA
🇺🇸🇪🇺 "Confiscating hundreds of billions of foreign reserves could transform Ukraine’s war. But the US and Europe disagree on how far to go", - Financial Times 🤔 European Central Bank president Christine Lagarde has warned that "moving from freezing the assets, to confiscating… https://t.co/Sqy95byDPb
The issue of complete confiscation of Russian assets is no longer discussed - FT Countries fear for the future of their own assets in the West due to possible retaliatory measures from Russia. They are now exploring alternative ways to obtain funding from the blocked funds. https://t.co/Sh4SqSDq6B
The clash over whether to commandeer Russia’s frozen assets https://t.co/ikokhCJmuB via @ft
Great conference today with @ChathamHouse on repurposing Russian assets with keynote by @cafreeland and discussions led by @jamesnixey Creon Butler and their colleagues on legal, financial and political implications. https://t.co/K1vx9OgMg3
‼️ Senior EU/US officials are quietly working on plan to use future profits generated by frozen Russian assets in €clear to back more US debt issuance for Ukraine. Not easy. Many probs. But senior officials think it cd raise ~€75bn in new funds for Ukraine as early as next yr
Cdns were prominent today at Chatham House in LDN for discussions abt REPURPOSING Russian assets to help pay the horrendous cost of Putin’s illegal war of aggression against Ukraine. DPM Freeland, former FM Axworthy and former Finance Deputy Tim Sargent all made cogent arguments. https://t.co/TvQY0AKfJ3
'There are only two options where $300 billion of frozen Russian assets can go: either to Russia's victims or come back to Russia. Currently this money sits doing nothing while Ukraine is dying' - Philip Zelikow, senior fellow, @Stanford @HooverInst at @CHRussiaEurasia event https://t.co/BgiYAKvq3E
If russia were to win, it would strengthen the case for a more muscular approach to other international territorial disputes and make the democracies more vulnerable and exposed to authoritarian regimes, says 🇨🇦DM @cafreeland at @ChathamHouse @CHUkraineForum #StandWithUkraine https://t.co/eMtQBVwFbw
Three key points from Chrystia Freeland @cafreeland delivering keynote speech at @ChathamHouse: 1/ Get the money for Ukraine. It's important 2/ Win back the initiative. Sovereign Russian assets is where we can have meaningful impact 3/ Maintain unity #MakeRussiaPay https://t.co/9zB9BbqWtR https://t.co/WL7VG8bFpo
Today at @ChathamHouse | Making Transgressors Pay In conference we will discuss the arguments for and against repurposing frozen state-owned Russian assets. Full video recording will be released here: https://t.co/RWqDDmuawJ https://t.co/0TCEbRHD5L
'Confiscating Russian state assets held in the West is just one piece of the puzzle. But it is a crucial element in the West’s overall resolve to ‘do the right thing’ and save Ukraine.' @jamesnixey (@CHRussiaEurasia) https://t.co/tRJDCrRWZK
Seizing Russia’s funds in Europe to arm Ukraine may be a tempting plan – but it could wreck the West’s economic advantage. 🖊️ @EuroBriefing https://t.co/CaF1hzEjUx