EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger By Andrew Gray (Reuters) -European Union governments agreed to use 1.4 billion euros ($1.50 billion) in profits from ...

The European Union intends to generate hundreds of billions more euros from frozen Russian assets by transferring them to an ...

The EU's plan for the immediate use of profits from frozen Russian assets is separate from a decision by G7 leaders this month to use future proceeds to fund $50bn (€47bn) in loans to Ukraine.

Putting €200 billion of Russian funds in riskier investments would boost payments to Ukraine without touching the underlying ...

European Union member states have tentatively approved a plan ... Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and military defense. Under the plan agreed to by EU ...

RIGA, May 6 (Reuters) - Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier ...

The European Commission has launched a plan ... Russian assets can only be a diversion. Estonia is preparing a legal framework that would allow the government to seize Russian assets frozen after ...

of frozen Russian central bank assets to aid Ukraine’s reconstruction despite concerns from several member nations. The European Commission tentatively plans to unveil its legislative proposal ...

The EU has approved a plan to divert $3.5 billion a year in earnings from frozen Russian assets to Ukraine. Treasury Secretary Janet Yellen is pushing for a more ambitious plan that could unlock $ ...

UPDATE 4-EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger June 24th, 20PM June 24th, 20PM (Updates with Borrell comments at end of meeting, paragraphs 5-6) By Andrew Gray ...

European Union leaders have backed plans to use earnings ... a Brussels summit of EU leaders, in reference to more than €200 billion in Russian assets that are now frozen in the EU and earning ...