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 ...

EU backs €1.4bn Russian frozen asset plan to aid Ukraine Updated / Monday, 24 Jun 2024 23:11 A man watches on as Ukrainian firefighters work to extinguish a blaze caused by a Russian strike on Odesa ...

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 ...

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

Ukraine may have gotten one step closer to gaining access to frozen Russian assets to put toward its massive reconstruction needs. European Union leaders on Oct. 27 expressed support for a ...

(Bloomberg) -- European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and ...

The European Union will press forward with a commitment to secure aid for Ukraine from frozen Russian central bank assets regardless of issues raised by the US, the bloc’s top diplomat said.

The European Union will continue to support beleaguered Ukraine, vowing to push ahead with a pledge for EU membership and promising more financial aid. The money could come from frozen Russian assets.

The assets were frozen in 2022 in response to Russia's full-scale invasion of Ukraine. Advertisement However, the move would stop short of confiscating the Russian assets altogether — which is opposed ...

EU’s top diplomat warns that Russia has a plan for long-term aggression against Europe European Union foreign policy chief Kaja Kallas addresses the media at EU headquarters in Brussels on June 10.

EU members had already decided in May to use profits from the assets frozen in the EU to help Ukraine, with 90% of funds earmarked for military aid. But Hungary has been holding up approval of the ...

LONDON (Reuters Breakingviews) - Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of ...