EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger By Andrew Gray (Reuters) -European Union governments agreed to use 1.4 billion euros ($1.50 billion) in profits from ...

EU backs €1.4bn Russian frozen asset plan to aid Ukraine Updated / Monday, 24 Jun 2024 23:11 A man watches on as Ukrainian firefighters work to extinguish a blaze caused by a Russian strike on Odesa ...

UPDATE 4-EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger June 24th, 20PM June 24th, 20PM (Updates with Borrell comments at end of meeting, paragraphs 5-6) By Andrew Gray ...

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

Ukraine may have gotten one step closer to gaining access to frozen Russian assets to put toward its massive reconstruction needs. European Union leaders on Oct. 27 expressed support for a ...

The European Union will press forward with a commitment to secure aid for Ukraine from frozen Russian central bank assets regardless of issues raised by the US, the bloc’s top diplomat said.

(Bloomberg) -- European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and ...

The European Union will continue to support beleaguered Ukraine, vowing to push ahead with a pledge for EU membership and promising more financial aid. The money could come from frozen Russian assets.

Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier EU proposal to use ...

EU members had already decided in May to use profits from the assets frozen in the EU to help Ukraine, with 90% of funds earmarked for military aid. But Hungary has been holding up approval of the ...

LONDON (Reuters Breakingviews) - Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of ...

European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and military defense.