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Home World India

How the West uses Russia's frozen reserves to help Ukraine

5 March 2025
in India
0
How the West uses Russia's frozen reserves to help Ukraine
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European nations are exploring ways to utilize $300 billion of frozen Russian state assets following the suspension of U.S. military aid to Ukraine by President Trump. The Group of Seven (G7) has agreed to provide Ukraine with $50 billion through bilateral loans, funded by windfall profits from the frozen assets. Euroclear, where most of the assets are held, has already allocated 4 billion euros for a Ukraine fund, with additional payments expected in the coming years.

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Tags: confiscation of Russian assetsDonald TrumpEmmanuel MacronEU financial stabilityEurofrozenG7 support for Ukraineinterest earnings from frozen reservesinternational law countermeasuresreservesRussia frozen assetsRussia039sUkraineUkraine reconstruction fundingWest
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