ENG
Censor.NET on Facebook Censor.NET on X/Twitter Censor.NET on Telegram Censor.NET on YouTube Android App iOS App RSS
7370 visitors online

Transfer of frozen Russian assets to Ukraine

choose another trend
The transfer of frozen Russian assets to Ukraine is gaining international traction, with support from various countries and institutions. The European Commission's "reparations credit" proposal is crafted to withstand potential legal challenges, a crucial step for Ukraine's economic recovery. German Chancellor Friedrich Merz actively seeks EU support for a €140 billion "reparations loan" initiative. President Zelenskyy emphasizes the benefits these assets bring not just to Ukraine, but also to international partners. The EU's plan to legislate the unblocking of these funds signifies a significant financial commitment. Consequently, Ukraine receives substantial tranches from previously immobilized assets, aiding in stabilizing its energy infrastructure and reinforcing its defense capabilities. This ongoing financial support highlights a growing international solidarity and commitment to Ukraine's recovery and long-term stability.

What is the European Commission's "reparations credit" for Ukraine?

The European Commission's "reparations credit" is a financial initiative aimed at utilizing frozen Russian assets to aid Ukraine. This proposal is legally robust, designed to withstand potential court challenges, and forms part of broader reparative efforts to support Ukraine's war recovery and economic stabilization by channeling these assets into the Ukrainian economy.

How much money is involved in the "reparations loan" for Ukraine?

The "reparations loan" for Ukraine involves a substantial €140 billion, sourced from the frozen Russian assets held across Europe. This figure indicates a significant level of financial commitment that aims to support Ukraine's defensive and infrastructural requisites, ensuring long-term recovery from war-related devastations.

Which countries support the use of frozen Russian assets for Ukraine's aid?

Support for utilizing frozen Russian assets to aid Ukraine spans several key nations, including Germany, Belgium, the United Kingdom, and Latvia. These countries are actively involved in discussions and legislative processes aimed at redirecting these funds to support Ukraine’s recovery and reconstruction efforts, thus demonstrating a strong commitment to European and Ukrainian solidarity.

How are frozen Russian assets benefiting Ukraine?

The frozen Russian assets are pivotal in providing financial aid to Ukraine, supporting various aspects of recovery such as rebuilding energy infrastructure and stabilizing the nation's power grid. These funds enable Ukraine to maintain economic stability and fortify defense capabilities, signaling a robust international support framework underpinning Ukraine's survival and resilience.

Is there any opposition to using Russian assets for Ukraine?

While there is predominant support across EU nations, some opposition stems from differing perspectives on legal and political risks. For instance, the United States has not aligned with the G7 plan to use these assets. Concerns about risk sharing are also highlighted, indicating ongoing debates surrounding the legality and strategic implications of redistributing these assets.

show details

Related TOP news Transfer of frozen Russian assets to Ukraine

US declines to join G7 plan on frozen Russian assets for Ukraine US does not support G7 plan on Russian assets for Ukraine – Bloomberg The United States has informed its European partners that it does not currently plan to join the G7 initiative to use frozen Russian assets for the benefit of Ukraine. 6 431 39 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Zelenskyy Zelenskyy called on EU to use frozen Russian assets: This is matter of Ukraine’s survival President Volodymyr Zelenskyy called on the European Union to make a decision as soon as possible on the use of frozen Russian assets to support Ukraine. According to him, these funds are critical for maintaining the economic stability and defense capabilities of the state. 1 431 24 Previously in trend: Transfer of frozen Russian assets to Ukraine confiscation of frozen assets

British MPs call for frozen Russian assets to be transferred to Ukraine EU leaders have not agreed to allocate €140 billion from Russian assets to Ukraine, - FT At the summit in Copenhagen, EU leaders failed to reach a consensus on granting Ukraine a €140 billion loan at the expense of frozen Russian assets. 4 134 24 Previously in trend: Transfer of frozen Russian assets to Ukraine

Zelenskyy Transfer of frozen Russian assets to Ukraine is beneficial for partners, - Zelenskyy President Volodymyr Zelenskyy said that the transfer of frozen Russian assets to Ukraine would be beneficial not only for Ukraine itself, but also for its partners. 1 100 26 Previously in trend: Transfer of frozen Russian assets to Ukraine Zelenskyy’s visit to Ireland

The first tranche of the British loan will come to Ukraine next week UK sends almost $1 billion from frozen Russian assets to Ukraine - Reuters On Monday, April 14, the British government transferred 752 million pounds ($990 million) to Ukraine as part of the Group of Seven (G7) credit support mechanism. The funds were provided at the expense of frozen Russian assets. 1 685 17 Previously in trend: Transfer of frozen Russian assets to Ukraine

Ursula von der Leyen at the Ukraine Recovery Conference 2024 EU provides Ukraine with new tranche of 6 billion euros from proceeds of frozen Russian assets - von der Leyen Ukraine will receive €6 billion from the European Union from the proceeds of Russia's frozen assets. The funds will be used to restore energy infrastructure and stabilize the power grid. 1 359 24 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Starmer on reparations loan Britain will join "reparations loan" to Ukraine, - Starmer The United Kingdom has announced its readiness to work with the European Union to provide Ukraine with financial assistance, which will be formed from Russia's frozen assets. 2 548 11 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

The EU is preparing a loan for Ukraine guaranteed by frozen Russian assets. "Reparations loan" will provide Ukraine with weapons for three years – French Foreign Minister Barrot Loans backed by frozen Russian assets will help Ukraine purchase weapons for at least three years. The European Commission plans to approve the "reparations loan" by the end of 2025. 2 772 36 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Britain on the frozen assets of the Russian Federation Britain proposes to use frozen Russian assets for loans to Ukraine - Politico The UK government is considering financing a new wave of loans to Ukraine with billions of pounds worth of Russian state assets frozen in the country. 1 003 11 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Ukraine received another 4 billion euros from the EU at the expense of Russian assets Ukraine received another 4 billion euros from EU at expense of frozen Russian assets Today, October 1, Ukraine received a tranche of 4 billion euros from the EU within the framework of the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative. 604 10 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Merz travels to Belgium for talks on ’reparations loan’ for Ukraine Merz flies to Belgium to urge support for ’reparations loan’ to Ukraine – Politico According to Politico, German Chancellor Friedrich Merz will arrive in Brussels on 5 December to try to persuade Belgium’s leadership to support granting a "reparations loan" to Ukraine using frozen Russian assets. 1 343 8 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

Kallas on the reparations loan Kallas on reparations loan to Ukraine: We will find solution despite threats from Russia Under current conditions, a reparations loan is considered the most appropriate instrument for financing Ukraine's needs in 2026–2027, while Russia's statements are merely rhetorical threats. 1 588 6 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation Reparations from Russia

Friedrich Merz Merz to discuss with EU plan to finance Ukraine from frozen Russian assets worth €140 billion - media German Chancellor Friedrich Merz plans to convince his European colleagues to support the idea of providing Ukraine with €140 billion over the next two years for military needs from frozen Russian assets. 483 5 Previously in trend: Transfer of frozen Russian assets to Ukraine

EU moves toward using frozen Russian assets to fund Ukraine EU considers frozen Russian assets as source of funding for Ukraine – Bloomberg The European Union is increasingly leaning toward using frozen Russian assets to finance Ukraine as other sources of support are running dry. 517 4 Previously in trend: Transfer of frozen Russian assets to Ukraine

British MPs call for transfer of frozen Russian assets to Ukraine European Commission has provided Ukraine with 1 billion euros from frozen Russian assets On May 8, the European Commission transferred another tranche of macro-financial assistance to Ukraine in the amount of 1 billion euros. 270 3 Previously in trend: Transfer of frozen Russian assets to Ukraine

Dombrovskis EU must provide guarantees for Ukraine to receive IMF funds, - Dombrovskis European Commissioner for Economic and Productivity Issues Valdis Dombrovskis stated that new IMF payments depend on the EU's political and financial commitments to support Ukraine. 504 3 Previously in trend: Transfer of frozen Russian assets to Ukraine Reparations from Russia

Shmyhal EU transfers €1bn to Ukraine from proceeds of frozen Russian assets - Shmyhal The European Union has transferred the third tranche of €1 billion to Ukraine under the Extraordinary Revenue Acceleration (ERA) initiative. 731 7 Previously in trend: Transfer of frozen Russian assets to Ukraine

European Commission "Reparations credit" proposal for Ukraine will withstand court challenges – European Commission The European Commission’s legal proposal on a "reparations credit" for Ukraine is sufficiently well-founded to withstand possible court challenges. 1 271 3 Previously in trend: Transfer of frozen Russian assets to Ukraine Reparations from Russia

How much of frozen funds were provided to Ukraine by Russian Federation Ukraine received about $1.7bn from frozen Russian assets - Shmyhal Ukraine has received 2.5 billion Canadian dollars (about 1.7 billion US dollars) as part of the G7 ERA initiative. 133 2 Previously in trend: Transfer of frozen Russian assets to Ukraine

RUB,assets Russian assets should remain immobilized until war ends and all damages are fully compensated – decision of EU–Ukraine Association Council Russia's frozen assets in the European Union should remain immobilized until Russia ends its war of aggression against Ukraine and compensates for all losses. 557 6 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

EU will use frozen Russian assets for loan to Ukraine EU will present legislative proposal to unblock "reparations loan" to Ukraine, - von der Leyen The European Union will present a legislative proposal in the coming days that will allow Russia's frozen assets to be used to provide Ukraine with a €140 billion "reparation loan." 448 2 Previously in trend: Transfer of frozen Russian assets to Ukraine Reparations from Russia

De Wever on frozen Russian assets Belgium will agree to use Russian assets to support Ukraine if there are guarantees of risk sharing, - Prime Minister De Wever Belgian Prime Minister Bart De Wever has once again raised legal questions about the use of frozen Russian assets to finance Ukraine. 556 2 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation

British MPs call for transfer of frozen Russian assets to Ukraine EU to transfer another €2.1bn in proceeds from frozen Russian assets to Ukraine - European Commission This week, the EU has requested €2.1 billion from the windfall profits received from the frozen assets of the Central Bank of Russia held in European securities depositories. 671 2 Previously in trend: Transfer of frozen Russian assets to Ukraine

Friedrich Merz Merz to call on EU to use frozen Russian assets for ’reparations loan’ to Ukraine - Reuters German Chancellor Friedrich Merz said that during the European Council summit, which will be held on October 23 in Brussels, he will propose using frozen Russian assets to provide Ukraine with a so-called "reparations loan" of 140 billion euros. 510 4 Previously in trend: Transfer of frozen Russian assets to Ukraine

Reparations loan for Ukraine. The Netherlands warns of risks Schoof on use of frozen Russian assets: EU and G7 should share risks for Belgium EU and G7 member states should jointly share the legal and financial risks associated with the use of frozen Russian assets in order to relieve Belgium of the excessive burden. 716 0 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation confiscation of frozen assets

Sweden Sweden supports EU plan to use frozen Russian assets for Ukraine, - Bloomberg Swedish Finance Minister Elisabeth Svantesson said that the European Union should promote the proposal to use frozen Russian assets for the benefit of Ukraine, as there are no other effective options for assistance. 340 0 Previously in trend: Transfer of frozen Russian assets to Ukraine

Siliņa on reparations loans for Ukraine Latvia supports European Commission’s proposal for reparations loans for Ukraine - Prime Minister Siliņa Latvian Prime Minister Evika Silinja supports the European Commission's proposal to use Russian immobilized assets to help Ukraine. 360 1 Previously in trend: Transfer of frozen Russian assets to Ukraine Use of frozen assets of Russian Federation