EU flags. Stock photo: Getty Images
The Financial Times has learned that Sweden, the Netherlands, Spain and Poland plan to urge the European Commission to resume work on a mechanism that would enable more than €200 billion in frozen Russian assets to be used to provide funding for Ukraine.
Source: European Pravda, citing the Financial Times
Details: Plans to provide Ukraine with funding from over €200 billion in Russian Central Bank assets held in the EU as part of sanctions fell through last winter after Belgium, where most of the assets are held, blocked the initiative.
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