Bloomberg called the frozen assets of the Russian Federation an important source of financing for Ukraine
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- Bloomberg called the frozen assets of the Russian Federation an important source of financing for Ukraine
The European Union (EU) sees Russia's frozen assets as the only source of financing for Ukraine during the conflict with the Russian Federation. This was reported on October 13 by the Bloomberg newspaper, citing sources.
"The EU is increasingly convinced that using about €200 billion ($232 billion) of frozen assets of the Russian central bank is the only viable way to put Ukraine's financing on a sustainable basis, as other sources of financing are drying up," the publication says.
It is noted that the EU is trying to reach a political agreement on the use of assets.
According to the newspaper, this issue has been raised again due to the enormous economic burden on the EU in financing Ukraine during the conflict with Russia, as the United States refused to sell weapons directly.
At the same time, according to Bloomberg, the use of assets does not imply compensation for damage as such.
"The money will be returned only if Russia agrees to pay Ukraine the damage caused by the conflict," the newspaper stressed.
The news is being updated
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