The EU has frozen Russian central bank assets and is now using the interest generated from these funds to support Ukraine.
11 reports, 6 independent
Updated Oct 16
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What happened
The EU has frozen Russian central bank assets and is now using the interest generated from these funds to support Ukraine.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.EU is seeking American support to implement plans to raise frozen Russian assets.1 source
- Belgium has affirmed its support for Ukraine and raised concerns regarding frozen Russian assets.Sub-event
EU implements mechanism to use interest from frozen Russian central bank assets to fund Ukraine.1 source
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The entities involved
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European Commission
executive branch of the European Union
Related events
- Belgium hosts the majority of frozen Russian assets and disputes the EU's capacity while seeking to confiscate them.
- The EU considered seizing Russian sovereign assets and providing financial support to Ukraine, facing opposition from the Belgian PM.
- Discussions were held regarding Ukraine's EU accession, financial support, and increasing sanctions pressure on Russia.
- The European Commission allocates defense funds to Ukraine as Russia conducts deadly attacks on Dnipro, Chernihiv, and Kremenchuk.
- Kyiv, Donald Trump, and the European Commission discussed a potential understanding regarding energy assets and recovering frozen reserves.