The anticipated move, slammed by Hungary, is a key step in a plan to use the funds to underwrite a loan to Ukraine.
The anticipated move, slammed by Hungary, is a key step in a plan to use the funds to underwrite a loan to Ukraine.
By News Agencies
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The European Union is expected to indefinitely freeze hundreds of billions of Russian funds held in Europe in line with a plan to use the cash to support Ukraine.
EU set to indefinitely freeze Russian assets, removing obstacle to Ukraine loan
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La UE avanza para congelar indefinidamente activos rusos, clave para usarlos en Ucrania - EFE
Ukraine war latest: EU agrees indefinite freeze on €210bn of Russian assets
EU plans to indefinitely freeze Russian assets to facilitate a €165 billion loan for Ukraine amid ongoing conflict.
The decision is a significant step towards using the cash to aid Ukraine’s defence – but Moscow is threatening to retaliate
BRUSSELS: The European Union on Friday indefinitely froze Russia’s assets in Europe to ensure that Hungary and Slovakia, both…
EU leaders had hoped to agree on a plan to fund a loan of 140 billion euros to bolster Ukraine.
The proposal centres on whether the EU can use about $246bn in Russian central bank frozen assets.
The leaders are to decide whether to loan tens of billions of euros in frozen Russian assets to fund Ukraine's military and…
