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
The US is preparing to restart Nord Stream 2, and international investors are acquiring assets related to Russia. The US is formulating a project to reactivate the Russian gas pipeline Nord Stream 2. According to the FT, this initiative is associated with Matthias Warnig, a close Putin ally, who led Nord Stream 2... #ForeignInvestor #GasSupplies #Gazprom #Germany #nordstream2 #RussianAssets #SanctionsAgainstRussia
The EU still cannot reach a compromise on the confiscation of frozen Russian assets: Who is against it? Support is still not unanimous among EU states for the confiscation of frozen Russian assets held in the EU and it is unlikely that a decision will be made in March, said EU foreign policy chief Kaja ... #EmmanuelMacron #KajaKallas #RussianAssets #RussianAssetsConfiscation
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
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
Russia lost its case to unblock €70B in the EU, so the funds can now be used to help Ukraine. The Russian National Settlement Depository has lost its case to remove EU sanctions imposed in connection with its role in financing the war. The depository came under EU sanctions in 2022 when the bl... #Euroclear #RussianAssets #RussianAssetsArrested #RussianCentralBank
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 EC has restricted companies and private investors from exchanging assets with Russians. The European Commission has prohibited individuals and legal entities from EU countries from participating in an asset exchange scheme proposed by Russia. This is in response to the participation of t... #circumventionOfSanctions #EuropeanCommission #ExchangingAssets #ForeignInvestor #RussianAssets
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
The G7 agrees to distribute a $50B Ukrainian loan from revenues from frozen Russian assets, and Moscow continues to send new threats. The G7 members are currently negotiating the allocation of aid to Ukraine following the agreement that the G7 leaders reached in June at the summit in Italy to provide a $50B loan backed by proceeds f... #G7 #Japan #LoanForUkraine #RussianAssets #RussianAssetsProfits
Russian oligarchs might be offer to provide money for Ukraine’s reconstruction in exchange for the lifting of individual sanctions. The cost of financing the post-war rebuilding of Ukraine, which exceeds $500B, requires the study of numerous financing mechanisms. Additional funds can be provided by the creation of a new type of di... #IndividualSanctions #InvestmentsinUkraine #RussianAssets #RussianOligarchs #UkraineRecovery
The EU is in a hurry to issue a $50B loan to Ukraine backed by the Russian frozen assets. The European Commission plans “very soon” to propose a $50B loan to support Ukraine and finish all the legislative work for it by the end of the year, says the Commissioner for Economy, Pa... #HungaryVeto #LoanForUkraine #PaoloGentiloni #RussianAssets #VictorOrban
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 will create a fund for Ukraine using income from frozen Russian assets. Nikkei reported that the G7 plans to create a new fund to support Ukraine through grants, using future income from frozen Russian assets. The World Bank will administer the fund and be funded by contr... #Euroclear #G7 #RussianAssets #RussianAssetsProfits #SupportUkraine
The EU is discussing using funds from the bloc’s budget to guarantee a loan to Ukraine but is leaning toward the US proposal. The European Commission is deliberating the use of future interest from frozen Russian assets to fund a multi-billion-dollar loan to Ukraine and guaranteeing this money through a seven-year EU budge... #G7 #LoansForUkraine #RussianAssets #RussianAssetsProfits #SupportUkraine #UkraineBudget2024
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
The G7 supports the plan to use Russian assets for Ukraine’s future security, and the World Bank is ready to manage the loan. The G7 finance ministers at a meeting in Italy supported the US’ idea to provide Ukraine with a loan secured by profits from frozen Russian assets. The $50B loan will be repaid through the profits fro... #AjayBanga #G7 #Hungary #LoansForUkraine #RussianAssets #RussianCentralBank #worldbank
The EU will direct 90% of the revenue from frozen Russian assets to help Kyiv. Chancellor Olaf Scholz said on Monday that around 90% of the revenues generated from Russian assets frozen in the EU should be spent on arms purchases for Ukraine to boost its defensive capabilities. ... #Euroclear #JosepBorrell #OlafScholz #RussianAssets #RussianAssetsProfits #WeaponsforUkraine
Russia will seize Western assets in retaliation, and the aggressor has other options for its revenge. As Reuters points out, Russia does not have enough Western assets on its territory for proportionate retaliatory confiscation, but it still has ways to retaliate against the West if it dares to seize ... #Euroclear #RussianAssets #RussianAssetsConfiscation #SecuritiesMarket
The confiscation of Russian assets will help Ukraine to finance the war at least until the end of 2028. Despite the support from the US, Ukraine needs a medium-term financing plan to repel Russian aggression, and the main source of this financing must be Russia’s frozen assets. There is a high chance th... #RussianAssets #RussianAssetsConfiscation #UkraineBudget2024 #UkraineDefensePurchases #WarinUkraine
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 IMF plans to discuss Ukraine at the spring meetings with the WB. The top manager of the IMF, Julie Kozack, said: “We will discuss during the spring meetings on April 15 (between the IMF and the World Bank) the situation in Ukraine and the critical importance of the... #DebtRestructuring #imf #JulieKozack #RussianAssets #RussianAssetsConfiscation #ukrainedebt #worldbank
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 US is preparing to transfer $5-8B of Russian assets for the reconstruction of Ukraine. Congress is preparing a bipartisan bill that would allow the confiscation of $5-8B of the Russian Federation’s sovereign assets that are currently under the US’ jurisdiction and use them t... #MikeJohnson #RussianAssets #RussianAssetsConfiscation #UkraineRecovery #UScongress
The US supports issuing $50B in bonds backed by frozen Russian assets. The US has proposed to the G7 countries the creation of a special-purpose vehicle to issue at least $50B in bonds backed by the profits generated by frozen Russian sovereign assets and use the proceed... #Bonds #RussianAssets #RussianAssetsProfits #SupportUkraine #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 House of Representatives is preparing its own support package for Ukraine; the Republicans are discussing the confiscation of Russian assets. Speaker of the House of Representatives Mike Johnson said that the new Ukrainian aid package should offer support in the form of credit or through lend-lease to protect the interests of American taxpa... #MichaelMcCaul #MikeJohnson #RussianAssets #SupportUkraine #USaidforUkraine #UScongress
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
Borrell supports issuing bonds for the defense of the EU and using Russian asset revenues for Ukraine. The EU can issue bonds to finance defense needs, as Russia threatens the bloc’s security, said the head of EU diplomacy, Josep Borrell. Debates have recently begun on the prospect of the EU assu... #DefenseIndustryEU #JosepBorrell #militarybonds #RussianAssets #WeaponsforUkraine
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
The EU’s new defense industry strategy envisages using Russian assets to finance Ukraine’s defense industry. The EC has presented a legislative proposal regarding the European Defense Industry Program (EDIP), which would allow for future financing of support for Ukraine’s defense-industrial complex at ... #DefenseIndustryEU #EDIP #EUdefense #Euroclear #RussianAssets
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
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
The EU has proposed a new way to finance aid to Ukraine. EU Commissioner for Environmental Affairs Virginijus Sinkevičius suggests that the EU should additionally tax Western companies doing business in Russia to help Ukraine. He said that it is essential t... #EUfinancialAid #RussianAssets #RussianCentralBank #UkraineFacility #VirginijusSinkevičius #WesternCompaniesInRussia
The Kremlin threatens the West with years of trials and cyberattacks for trying to use its assets for Ukraine. Russia is threatening to initiate lengthy legal disputes in international courts if the G7 countries and the EU decide to use the frozen assets of the Russian Central Bank to restore Ukraine, said the... #DmytriyPeskov #Euroclear #RussianAssets #RussianAssetsConfiscation #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
EU countries reach a political agreement on the use of frozen Russian assets. The EU member states have a political consensus to use the profits from the Russian Federation’s frozen assets, said the high representative of the EU, Josep Borrell, after the Council of the EU meeti... #JosepBorrell #RikardJozwiak #RussianAssets #RussianAssetsConfiscation
Russia threatens the West with $288B in losses for blocking its assets. Russian propaganda media have calculated that Western companies may lose $288B in response to the confiscation of Russian assets. The G7 leaders will agree to develop a stronger statement of intent to... #G7 #investments #RussianAssets #RussianAssetsArrested #RussianEconomy
Ukraine can attract $300B through reparation bonds as a backup plan. Ukraine can raise about $300B by selling bonds secured by future lawsuits against Russia for compensation for the damage it has caused during military operations. “Kyiv will be able to receive this am... #Bonds #DaleepSingh #ReparationsForUkraine #RussianAssets
The IMF is assessing the impact of the confiscation of Russian assets on the international financial system, and Russia is preparing its case for the courts. The top manager of the IMF, Julia Kozak, noted that the fund believes that decisions on the confiscation of Russian assets should be made by the countries where the frozen funds of the Russian Federat... #imf #JuliaKozak #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
The White House approves confiscating $300B in Russian assets to restore Ukraine. US President Joe Biden’s administration supports a bill that would allow it to confiscate about $300B in frozen Russian assets for Ukraine’s restoration. Biden supports the move amid congression... #JoeBiden #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #UkraineRecovery #WhiteHouse
The EU is studying the possibility of transferring €15B in revenues from frozen Russian assets. As the FT points out, Belgium’s new responsibilities as the country currently holding the EU presidency may complicate the issue of using blocked Russian assets to help Ukraine. At the same time... #ReparationsForUkraine #RussianAssets #RussianAssetsArrested #RussianCentralBank
Will the mechanism for the confiscation of Russian assets start soon? The Minister of Foreign Affairs, Dmytro Kuleba, announced progress regarding the confiscation of Russian assets for Ukraine’s benefit and expressed hope that in 2024 the legal framework will be approv... #DmytroKuleba #RussianAssets #RussianAssetsConfiscation
More than €4B in Russian assets have been seized in Germany. As of the beginning of December 2023, the Ministry of Finance of Germany reported that due to Russia’s war against Ukraine, Germany has seized about €4.1B in Russian assets. It is noted that the... #JPmorgan #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
The US offers to transfer frozen Russian assets to Ukraine “in advance,” as part of reparations. According to the FT, although Washington has not publicly supported confiscating frozen assets, politicians have agreed to it privately. It is assumed that the seized assets can be transferred to Ukra... #JPmorgan #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
The EC approves a plan for the use of the Russian Federation’s frozen assets for Ukraine’s benefit. As a high-ranking EU official told journalists at a closed briefing, the European Commission will not publish the proposal but will submit it to the European Council for study and decision-making. The... #EuropeanCommission #RussianAssets #RussianAssetsConfiscation #UkraineRestoration
The EU will present a plan for the use of frozen Russian assets, but a few issues still remain. On December 12, the EC plans to publish a plan to use the profits from more than €200B in frozen Russian Central Bank assets. Several issues still need to be resolved, however, and the EU proposal wil... #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
