Ukraine is outraged by the payment of €3B from Russian assets to private investors. Ukraine is dissatisfied with the decision made by the Belgian depository Euroclear to disburse €3B from frozen Russian funds to Western investors who suffered losses due to the seizure of their money ... #Belgium #Euroclear #ForeignInvestor #IrynaMudra #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
The EU and Ukraine are exploring ways to secure reparations from Russia. Rebuilding Ukraine after the Russian-instigated war will be costly, with current estimates around £400B. As part of a peace deal advocated by US President Donald Trump, £225B ($300B) of Russian state ... #DenysShmyhal #nbu #ReparationsForUkraine #RussianAssetsConfiscation #UkraineRecovery
The US and Ukraine have outlined their respective proposals and conditions to end the war. The US and Ukraine, along with their European allies, are suggesting a complete ceasefire, and Kyiv insists on the release of all prisoners. The US draft contains vague language stating that Ukraine w... #Crimea #NATO #PeaceAgreement #PeacePlan #ReparationsForUkraine #WarinUkraine #zaporizhzhiaNPP
This year, Ukraine anticipates receiving €18B from Russia’s frozen assets. Since the start of the year, Ukraine has already received €5B from the EU that was sourced from these assets’ proceeds, and expects to collect another €13B from these profits by the year’s... #DenysShmyhal #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #UkraineFacility
The EU is still contemplating the confiscation of frozen Russian assets. EU leaders have not dismissed the potential confiscation of these assets. As noted by Radio Free Europe/Radio Liberty, a declaration regarding Ukraine states that “Russian assets should remain f... #BartDeWever #GreatBritain #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #SanctionsAgainstRussia
Lithuania has outlined five key elements for Ukraine’s security guarantees. Lithuanian Foreign Minister Kęstutis Budris stated that security guarantees must include at least five components to achieve a just and lasting peace in Ukraine. The first element is long-term EU mili... #EUmilitaryAid #KęstutisBudris #Lithuania #ReparationsForUkraine #RussianAssetsConfiscation #SanctionsAgainstRussia #SecurityGuaranteesForUkraine
The EU is working on the confiscation of frozen Russian assets held in the EU. The EU is considering the potential confiscation of around $280B in frozen assets belonging to the Russian Central Bank in light of a possible reduction in aid from the US. There is ongoing discussion... #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
New opportunities arise to confiscate Russian assets. A significant portion of the Russian assets that were stored in debt securities in the Belgian Euroclear depository, is now resting in accounts belonging to correspondent banks in cash after the secur... #Belgium #Euroclear #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsConfiscation
Experts believe that the time has come for Trump to make Putin pay for Ukraine’s restoration. US President Donald Trump can force the aggressor country, Russia, to pay for the restoration of Ukraine by using the $300B in frozen Russian assets. Scholars from the Hoover Institution and the Ameri... #DonaldTrump #Putin #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #WarinUkraine #WarLosses
British MPs call for frozen Russian assets to be sent to Ukraine. The UK should transfer all frozen Russian assets to Ukraine. This would send a clear signal to Moscow that “aggressors must and will pay.” In a joint letter, a group of British MPs and pol... #GreatBritain #ReparationsForUkraine #RussianAssets #RussianAssetsArrested #RussianCentralBank
Ukraine will not have to repay the $50B G7 loan until it receives reparations from the Russian Federation. Ukrainian parliament members approved amendments to the Budget Code, which introduced a new concept in the budgetary sphere – conditional debt obligations. This establishes a special status for funds ... #G7 #LoanForUkraine #ReparationsForUkraine #RoksolanaPidlasa #RussianAssetsProfits #SerhiyMarchenko #VerkhovnaRada
Northern European countries support Ukraine’s Victory Plan. In a joint statement made at the fourth Ukraine-Northern Europe summit in Reykjavik, the prime ministers of Iceland, Denmark, Norway, and Sweden stated that they support the Victory Plan. “We wi... #NATOUkraine #NorthernEurope #PeaceSummit2 #ReparationsForUkraine #RussianAssetsProfits #VictoryPlan #WarinUkraine
The G7+ leaders adopt a declaration on the rebuilding of Ukraine. The leaders of the G7 and more than 30 partner countries, as well as the EU, adopted a Joint Declaration to support Ukraine’s recovery and reconstruction, providing further military, economic, a... #G7 #ReparationsForUkraine #RussianAssetsProfits #SupportUkraine #UkraineRecovery #UkraineWarDamages
The EU is not in a rush to provide Ukraine with the $50B loan secured by Russian assets, though Kyiv desperately needs it. The EU has still not taken the necessary steps to fulfill the agreement with the G7 and provide Ukraine with about $50B, secured by revenues from the Russian Federation’s assets, by the end of the yea... #G7 #LoanForUkraine #ReparationsForUkraine #RussianAssets #RussianAssetsProfits
The US is preparing to confiscate Russian money: Financial institutions are required to report any Russian assets. The US Treasury Department has required institutions that own Russian state assets to inform about them as part of implementing the Law on Restoring Economic Prosperity and Opportunities for Ukrainian... #CompensationForUkraine #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
Ukraine will receive the first funds from the frozen assets of the Russian Federation this summer. This summer, the European Council hopes to direct to Ukraine the first revenues from profits generated by the assets of the Russian Central Bank, which were blocked in Europe after the Russian full-sc... #EuropeanCouncil #LoanForUkraine #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank
The EU will not finance a $50B loan to Ukraine, so who will provide the funds, and what are the risks? Italian Prime Minister Giorgia Meloni explained that EU countries are not planning to participate directly in the $50B loan that the G7 plans to provide to Ukraine through the proceeds from frozen Rus... #G7 #GiorgiaMeloni #LoanForUkraine #ReparationsForUkraine #RussianAssets #VitalyVavryshchuk
The G7 officially announced a $50B loan secured by Russian assets for Ukraine. Following the summit, the G7 leaders adopted a declaration outlining the details of the mechanism through which Ukraine will receive up to $50B in aid secured by frozen Russian assets. The leaders of ... #G7 #LoansForUkraine #ReparationsForUkraine #RussianAssetsProfits #SerhiyMarchenko #UkraineBudget
Ukraine’s allies are working on another option for financing aid – a “reparation loan.” In addition to confiscating Russian assets or lending money to Kyiv using these assets, there is a third option – a so-called reparation loan. Under this approach, Ukraine could borrow money fro... #LeeC.Buchheit #ReparationLoan #ReparationsForUkraine #RussianAssets #UkraineRecovery
France supports the US proposal for a $50B loan to Ukraine, and Germany is ready to transfer profits to Ukraine. The French government has given its support to the US government’s proposal to use frozen Russian assets, which increases the chances of reaching a preliminary agreement at the meeting of G7 finance m... #BrunoLeMaire #France #G7 #LoansForUkraine #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits
The G7 agrees on the details of providing Ukraine with a $50B loan secured by Russian assets. The G7 countries agree with the US’ plan to use frozen Russian assets. The move would provide Ukraine with up to $50B in financing and help protect it from political shifts on both sides of the Atlant... #G7 #JanetYellen #LoansForUkraine #ReparationsForUkraine #RussianAssetsArrested
Problems in Ukraine and uncertainty about future financial support from the US are pushing allies to squeeze the maximum out of Russian assets. The EU has taken a small step towards fulfilling its pledge to “make Russia pay” for the war in Ukraine, agreeing to use the proceeds from frozen Russian assets to provide Kyiv with about ... #G7 #JanetYellen #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
The G7 will support the EU’s use of profits from frozen Russian assets but still refuses their confiscation. G7 finance ministers will back an EU plan next week to use proceeds from frozen Russian assets to help Ukraine’s military efforts. The US proposed the outright confiscation of Russian assets, bu... #G7 #JanetYellen #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
MEP: Ukraine needs another €200B in financial aid from the EU to cover all necessary expenditures. The EU should find an additional €200B to help Ukraine, as the €50B Ukraine Facility program does not solve all financing problems, said Viola von Cramon-Taubadel, a European Parliament member, during... #CompensationForUkraine #financialaidforUkraine #KyivSecurityForum #ReparationsForUkraine #ViolaVonCramonTaubadel
Ukraine considers it insufficient to receive only profit from Russian assets. The €3B in profits collected from frozen Russian assets is “almost nothing” compared to the amount that will be necessary to win the war against Russia, said Minister of Justice of Ukraine... #DenysMalyuska #MatthewMiller #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
Ukraine’s allies should introduce a duty on imported Russian goods to compensate Ukraine for war damages. Partner countries should introduce a special duty on the import of Russian or Russian-related oil and other products and transfer the money to a compensation fund for damages caused to Ukraine, accord... #CompensationForUkraine #ReparationsForUkraine #RussianAssetsConfiscation #UkraineReconstruction #UkraineWarDamages #WarLosses
Germany opposes the transfer of Russian assets to Ukraine due to fears of new WWII lawsuits. Demands for reparations stemming from WWII crimes have dogged Germany for decades. Calls for further reparations are appearing even now. In 2019, Greece demanded more than $300B in compensation, while... #Germany #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #WWII
The European Parliament has gained more support for confiscating Russian assets, but the G7 is inclined to use only their generated revenue. The European Parliament held a debate regarding the use of frozen assets belonging to the Russian Central Bank, where most deputies support the European Commission’s proposal to transfer the profits f... #AndriusKubilius #EuropeanParliament #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #RussianCentralBank
The EU is approaching a decision on the use of profits from frozen Russian assets to help Ukraine; the US has found a way to transfer up to €50B. The Minister of Foreign Affairs of Lithuania, Gabrielius Landsbergis, believes that the EC and the Council of the EU are close to deciding to allocate to Ukraine the profits obtained from Russian Fede... #AndriiPyshnyi #GabrieliusLandsbergis #nbu #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits
The G7 did not come to an agreement on the mechanism for transferring the Russian Federation’s frozen assets to Ukraine. At a meeting in Washington, finance ministers of the G7 countries could not agree on ways to use the Russian assets to support Ukraine, writes Reuters. After an inconclusive debate, the G7 ministers s... #AidforUkraine #G7 #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsConfiscation
The head of the ECB criticizes the US’ plans regarding the frozen assets of the Russian Federation. The President of the European Central Bank, Christine Lagarde, spoke critically of the idea to use more than €260B in frozen Russian assets to finance military aid to Ukraine. She warned about the leg... #ChristineLagarde #ECB #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsConfiscation
New US aid for Ukraine includes $60.8B and the confiscation of Russian assets. According to the recently introduced bill regarding Ukraine, aid foresees allocation of $60.8B to Ukraine and regional partners counter Russia. Defense expenditures will amount to $49.9B and also cont... #ATACMS #financialaidforUkraine #JoeBiden #ReparationsForUkraine #RussianAssetsConfiscation #USaidforUkraine
The US offers to provide Ukraine with billions of euros in aid secured by profits from the Russian Federation’s frozen assets. As the FT writes, the US is proposing to the G7 a compromise plan for the use of Russian assets rather than their confiscation or simply providing Ukraine with their profits. Daleep Singh, the US pres... #DaleepSingh #Euroclear #imf #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits
Donald Tusk: The EU must use the frozen Russian assets to help Ukraine. During a news conference in Warsaw on April 11, Polish Prime Minister Donald Tusk said the European Union should tap Russia’s frozen assets to help Ukraine because the windfall profits alone are insuf... #DonaldTusk #Euroclear #KajaKallas #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsConfiscation #WarinUkraine
The Russian Federation’s frozen assets: What is Ukraine waiting for, and what is it already receiving? Deputy Head of the Office of President Iryna Mudra reported that to speed up the receipt of frozen assets from the US the REPO act, which would allow the US president to seize Russian sovereign assets... #IrynaMudra #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine
The EU continues to work on reparations for Ukraine: €37B in private and €208B in state assets of the Russian Federation are frozen. As European Commissioner for Justice, Didier Reynders, stated: “We are working on this issue regarding Russian frozen assets, whether private or public. We have €37B of private assets in Europe ... #DidierReynders #DmytroKuleba #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
The confiscation of Russian assets is inevitable to ensure Ukraine’s victory, but banks fear lawsuits from the Kremlin. The EU will eventually have to confiscate Russian assets if it wants Ukraine to win in the confrontation with the Russian Federation, said the head of the central bank of Latvia, Martins Kazaks. ̶... #Euractiv #MartinsKazaks #ReparationsForUkraine #RussianAssetsConfiscation #WarinUkraine
Ukraine will receive the first payment from frozen Russian assets this summer. The EU has prepared a draft law, according to which Ukraine can start receiving profits from frozen Russian sovereign assets as early as July of this year. As Bloomberg writes, the draft law envisages... #EuropeanPeaceFund #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
The European Parliament supports using Russian assets for Ukraine’s benefit. Last week in Strasbourg, the European Parliament adopted a resolution on the EU directive regarding the detection and seizure of assets of criminal origin, which allows for the quick freezing and conf... #EuropeanParliament #LórántVincze #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery
Ukraine will receive the first €3B in profit this summer from frozen Russian assets. The EC wants to accelerate the approval of the mechanism that will allow the use of profits from frozen Russian assets so that Ukraine can receive the first €2-3B tranche in July. As the FT writes, th... #Euroclear #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
The EU is approaching a decision on the use of Russian assets. In Europe, the only politically realistic approach to using Russian money to finance Ukraine is considered to involve about 1% of the frozen funds. However, Ukraine needs about €100B a year to fight t... #Euroclear #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank #SupportUkraine
Britain is ready to lend the Russian Federation’s frozen assets to Ukraine. Britain is prepared to give Ukraine all the frozen assets of the Russian central bank that are being held in the country, on the condition that Russia will be forced to pay reparations to Ukraine afte... #DavidCameron #ReparationsForUkraine #RussianAssetsConfiscation #RussianCentralBank
The West continues discussing the confiscation of Russian assets – the US offers to develop a mechanism together with France. US Treasury Secretary Janet Yellen called on French Finance Minister Bruno Le Maire to help develop options for Ukraine to use frozen Russian assets before a June summit after he publicly rejected Yel... #BrunoLeMaire #JanetYellen #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRestoration
The G7 reconfirms that Russian assets will remain frozen until the aggressor pays reparations to Ukraine. The G7 countries released a statement in which they noted: “We confirm that the sovereign assets of the Russian Federation in our jurisdictions will remain immobilized until the Russian Federati... #G7 #ReparationsForUkraine #RussianAssetsConfiscation #RussianCentralBank
Top international lawyers explain why confiscating and transferring Russian assets to Ukraine is legal and important for the entire world. Former US diplomat Philip Zelikow and a large group of international lawyers plan to publish an open letter next week arguing that the West is taking too narrow a view of customary international law. ... #PhilipZelikow #ReparationsForUkraine #RussianAgression #RussianAssetsConfiscation #RussianWarcrimes
Ukraine expects to receive $4B from Russian assets frozen in the G7 countries and the EU. According to Deputy Minister of Justice Iryna Mudra, Ukraine can receive $15-18B over the course of four years, including about $4B this year. “There is moderate optimism that the EU Council wil... #Euroclear #IrynaMudra #ReparationsForUkraine #RussianAssets #RussianAssetsProfits #RussianCentralBank
Ukraine’s allies plan to direct frozen Russian assets to help Ukraine without their immediate confiscation. According to a plan proposed by Belgium, the allies could issue debt obligations to finance Ukraine’s needs, using the assets of the Russian Federation as collateral to guarantee repayment of the debt... #Euroclear #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
An international depository earned more than €4B on frozen Russian assets. The financial group Euroclear earned €4.4B in 2023 on Russian assets that were frozen due to EU sanctions. This is about 80% of all interest income of the group. Aggregate net interest income, includi... #Euroclear #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
The EU supports the transfer of profits from frozen Russian assets to Ukraine, but there is a lack of economic power for confiscation. On January 29, the ambassadors of the EU gave their support to a proposal to use the profits from the frozen assets of the Russian Federation to help Ukraine. The EU must approve the first step, separ... #EUCouncil #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
The US Senate support the confiscation of Russian assets in favor of Ukraine. The US Senate Foreign Affairs Committee approved a bill that would help Washington confiscate Russian assets and hand them over to Ukraine in compensation for the devastation caused by the Russian war... #BenCardin #ReparationsForUkraine #RussianAssetsConfiscation #RussianCentralBank #USsenate
