EU prepares to offer Ukraine Russia’s frozen billions
Mihaela Chircă
The bloc’s finance ministers are exploring a ‘reparations’ loophole in effectively seizing the assets EU finance ministers have discussed the use of frozen Russian assets to fund a €140 billion loan to Ukraine at an ECOFIN meeting in Luxembourg. It would be repaid if Kiev receives ‘reparations’ from Moscow, European Commissioner for Economy and Productivity Valdis Dombrovskis has said. Several officials questioned the guarantee structure when the proposal was discussed at the Economic and
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