E.U. foreign policy chief Josep Borrell announced that E.U. foreign ministers had agreed to use revenues from frozen Russian assets to assist Ukraine, with plans to apply a windfall tax to the profits generated by these assets. Belgium will provide Ukraine with €611 million in military aid in 2024, sourced from the income of interest on the frozen assets. The EU, United States, Japan, and Canada froze some $300 billion of Russian central bank assets in 2022, with about $200 billion held in Europe. Ahead of the Ukraine war anniversary, the EU is preparing new sanctions against Russia, including a proposed embargo on Russian aluminum and LNG imports, spearheaded by Poland and the Baltic states. The G7 is set to discuss the legality of using these assets in a meeting in February.
⚡️The European Union is preparing new sanctions against Russia on the eve of the second anniversary of the full-scale invasion of #Ukraine. The sanctions aim to restore the reduction in Western assistance to Ukraine, the Financial Times reported. 📷: AFP https://t.co/GLdO6T2AXR
EU won’t seize Russia’s assets – Reuters The bloc stands to lose far more than the US if Moscow retaliates https://t.co/Zn0MCcS849 https://t.co/B74EuL6IOV
EU readies more Russia sanctions ahead of Ukraine war anniversary https://t.co/21jkWUs1qK
EU readies more Russia sanctions ahead of Ukraine war anniversary https://t.co/sNGzwDAPBa via @ft
EU readies more Russia sanctions and cash for Kyiv in a package being assembled ahead of Ukraine war anniversary - amid fears that the west's resolve is slipping https://t.co/46Tg55iDM0 via @ft w @paolatamma
⚡Reuters: EU unlikely to confiscate Russian central bank assets. European officials believe it is unlikely that the EU will seize Russian central bank assets, partly due to the legal risks, Reuters reported on Jan. 23. https://t.co/i9vQ60rKB8
Belgium will provide Ukraine with 611 million euros This is the profit from Russian assets that were frozen in the country. https://t.co/Uf74qULwbg
EU supports plan to implement tax on income from frozen Russian assets https://t.co/fGF265L27M
Belgium will transfer €611 million to Ukraine from income received from interest on frozen Russian assets *
EU unlikely to confiscate Russian central bank assets - officials https://t.co/deUvBTrcuV https://t.co/hMfpQKrmKc
Poland and the Baltic states propose to ban LNG imports from Russia A ban on imports of liquefied natural gas and aluminum from #Russia is proposed to be included in the 13th package of sanctions being discussed in the #EU. In addition, #Poland and the Baltic states propose to… https://t.co/OzkyxuNUpF
💰 The EU, United States, Japan and Canada froze some $300 billion of Russian central bank assets in 2022 when Russia invaded Ukraine. Some $200 billion of that is held in Europe, mainly in the Belgian clearing house Euroclear. https://t.co/Qke2hYive7
⚠️ EU UNLIKELY TO CONFISCATE RUSSIAN CENTRAL BANK ASSETS - OFFICIALS (Reuters) The European Union is unlikely to confiscate Russian central bank assets frozen in Europe, despite G7 plans to discuss the legality of such a move at a meeting in February, senior EU officials said.… https://t.co/W3sBlPXm3x
EU will impose a Russian aluminum embargo in new sanctions. Challenges in targeting large sectors like nuclear energy and LNG lead to a focus on Russian imports, with efforts to hinder high-tech weapon components. Sanctions aim to counter circumvention. https://t.co/f1sLXlsUBh
EU advances plan to impose windfall tax on frozen Russian assets' profits https://t.co/SJPyHZ9p4g https://t.co/JcpI4dqdKx
⚡️ Politico: EU may sanction Russian aluminum as part of next package. EU members are considering an embargo on Russian aluminum as part of the 13th package of sanctions, Politico reported on Jan. 23, citing unnamed EU diplomats. https://t.co/BjxQjIY4op
⚡️The EU is progressing with plans to apply a windfall tax to the profits generated by frozen Russian central bank assets, while opting not to seize the immobilized money outright. This matter will be discussed later this week, Bloomberg reported. 📷: AFP https://t.co/Z0im8Skm6h
🇷🇺🇪🇺 EU Moves Ahead on Plan to Tax Profits of Frozen Russian Assets The plan would stop short of seizing Russian assets outright https://t.co/E04BYoyfYq
The European Union is progressing with plans to apply a windfall tax to the profits generated by frozen Russian central bank assets, while opting not to seize the immobilized money outright. It will be discussed by the bloc’s ambassadors later this week. https://t.co/YSrWKWXsoi
Bloomberg: EU Foreign Ministers supported the introduction of a tax on profits from frozen assets of the Russian Federation Earlier it was reported that the European Union had found an allegedly legal way to use stolen Russian assets. It was precisely the idea of taxing… https://t.co/rwnmsFstkP
The EU is pushing ahead with plans to apply a windfall tax to the profits generated by frozen Russian central bank assets, while opting not to seize the immobilized money outright https://t.co/vcS8TWZah5
E.U. foreign policy chief Josep Borrell said that E.U. foreign ministers had agreed to use revenues from frozen Russian assets to assist Ukraine. He added that he expects work on the matter to soon be finalized. https://t.co/VmAnpSXVEL
💸 EU foreign minister says EU countries have agreed on use of Russian frozen assets https://t.co/q3JJd37OgZ
Belgium to give Ukraine €611 million in military aid in 2024 https://t.co/DhHErl7PUv
SitRep - 22/01/24 - Tusk in Kyiv and more aid from Belgium. An overview of the daily events in Russia's invasion of Ukraine. Tusk came to Kyiv and Zelenskyi reported new aid coming from Poland. Belgium allocated over €600 million in aid to Ukraine in 2024. RT=appreciated 1/X https://t.co/9J65Fca5Sd