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The EU will consider a plan to use revenues from Russia’s frozen assets; Britain supports using these assets to help Ukraine.

The EU keeps looking for legal avenues to confiscate frozen Russian assets.

The Russian Central Bank

The EC must approve a legal proposal regarding the use of income from Russian assets frozen under sanctions in connection with the Russian Federation’s full-scale invasion. The decision is expected to be made on December 12, two days before the final summit of the 27 EU leaders.

However, as Reuters writes, Kyiv should not expect instant good news about the receipt of these funds due to doubts in three key capitals – Brussels, Berlin, and Paris.

At the same time, British Foreign Minister David Cameron said: “Instead of simply freezing the funds, let’s take this money, spend it on the reconstruction of Ukraine, and this will be, if you will, an advance payment for the reparations that Russia will one day have to pay for the illegal invasion which she carried out.”

He added that he has considered all of the arguments and so far has not seen anything that would convince him that it is a bad idea.

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