EU Backs Plan to Tap Profits From Russian Assets to Aid Ukraine.
In: Bloomberg.com, 2024-05-08, S. N.PAG
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Zugriff:
The European Union (EU) has tentatively approved a plan to use the profits generated by frozen Russian assets to support Ukraine's recovery and military defense. The plan, agreed upon by EU ambassadors, would transfer most of the proceeds to the European Peace Facility and the EU budget's Ukraine facility. Over $280 billion in assets have been immobilized by the Group of Seven nations since Russia's invasion of Ukraine in 2022, with the majority held in the EU. The plan still needs to be formally adopted by member states. [Extracted from the article]
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EU Backs Plan to Tap Profits From Russian Assets to Aid Ukraine.
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Autor/in / Beteiligte Person: | Palasciano, Andrea Francesca |
Zeitschrift: | Bloomberg.com, 2024-05-08, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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