The EU is preparing a plan to transfer revenues from frozen Russian Federation assets to Ukraine. The President of the European Commission, Ursula von der Leyen, promised to present it before the “summer vacation” at the Conference on the Reconstruction of Ukraine in London. She noted ... #financialaidforUkraine #RussianAssets #RussianAssetsConfiscation #UkraineReconstruction #UkraineRecovery #UrsulavonderLeyen
The EU is still working out a mechanism for using Russian assets for Ukraine. As a representative of the European Commission, Christian Wiegand, explained there are two different elements: private assets and state assets. The amount of frozen private assets is at a €24.1B equiv... #ChristianWiegand #RussianAssets #RussianAssetsConfiscation #RussianCentralBank #UkraineRecovery
The US Congress is preparing to confiscate Russian assets to assist Ukraine, and Estonia is the first in the EU to develop a legal confiscation mechanism. The corresponding draft act has been introduced by a bipartisan group of US senators, which primarily concerns the assets of the Central Bank of the Russian Federation. The document is entitled the Re... #ReconstructionUkraine #ReparationsForUkraine #REPOgroup #RussianAssets #RussianAssetsConfiscation
A European working group will explore using frozen Russian assets for Ukraine. An EU working group will be set up to look at using frozen Russian assets for the reconstruction of Ukraine, the Swedish Presidency of the Council of the EU said on Tuesday. The Swedish presidencyR... #RussianAssetsConfiscation #UkraineReconstruction #UlfKristersson
Confiscated Russian assets will be transferred to Ukraine for the first time. The US Attorney General’s Office announced the first transfer to Ukraine of confiscated assets seized from Russian oligarch Konstantin Malofeev, said the US Attorney General, Merrick Garland. On... #KonstantinMalofeev #RussianAssetsConfiscation
Ukraine already knows where to get the first UAH 110B for reconstruction. The government has identified four key funding sources for Ukraine’s recovery program, Prime Minister Denys Shmyhal said. First, UAH 17B of confiscated funds from Russian banks have already been... #DenysShmyhal #RussianAssetsConfiscation #UkraineReconstruction
Estonia will be the first country in the EU to transfer frozen Russian assets to Ukraine. The government of Estonia plans to be the first country in the EU to develop a mechanism to transfer frozen Russian assets to help Ukraine. Currently, two ministries are preparing legal grounds to tak... #RussianAssetsConfiscation #UkraineEstonia #UrmasReinsalu
Germany is ready to transfer Russian assets to Ukraine, and the US and the EU are putting pressure on Switzerland. The German authorities are ready to send frozen Russian assets to restore Ukraine if there is a legal basis for this and the allies act similarly. As Bloomberg writes, Olaf Scholz’s government g... #OlafScholz #RussianAssetsConfiscation #UkraineRecovery
The EU is working on the transfer of frozen assets of the Russian Federation. The European Union is analyzing the possibility of using part of the frozen Russian assets to restore Ukraine. As Bloomberg notes, the discussion is in an early stage, and legal experts have been task... #RussianAssetsConfiscation #RussianCentralBank
The US is discussing transferring the Russian Federation’s confiscated assets to reconstruct Ukraine. The sale of confiscated assets and transfer of seized funds would significantly facilitate the process of compensation for damages caused by the Russian war on Ukraine. This proposal was put forward b... #RussianAssetsConfiscation #UkraineReconstruction
Ukraine will ask the UN to approve the confiscation of Russian assets. Ukraine will propose to the UN General Assembly the adoption of a resolution regarding Ukraine’s acquisition of Russian assets as reparations for the war, writes The Guardian. Recently, senior officia... #RussianAssetsConfiscation #UNGeneralAssembly
Ukraine hopes to receive hundreds of billions of dollars confiscated from the Russian Federation. “The process of finding and blocking Russian assets abroad works quite effectively, but the confiscation process is much more complicated. After all, legal instruments for such withdrawal practically ... #RussianAssets #RussianAssetsConfiscation
Zelenskyy has signed a law authorizing the confiscation of Russian property in Ukraine. President Volodymyr Zelensky signed the law, “On the basic principles of compulsory seizure in Ukraine of objects of property rights of the Russian Federation and its residents,” stated go... #RussianAssets #RussianAssetsConfiscation #Zelenskyy
The Rada is preparing a bill on the confiscation of Russian property in Ukraine. The Verkhovna Rada Committee on Economic Development, in cooperation with the Ministry of Economy, is drafting a bill on the seizure of Russian property, funds, etc. in Ukraine, as reported by the pr... #RussianAssetsConfiscation #RussianWar #WarinUkraine
