In December the United States loaned Ukraine $20 billion funded by frozen Russian assets. Then-Treasury Secretary Janet Yellen said in a statement the money "will provide Ukraine a critical ...

Since 2022, G7 nations have frozen roughly 300 billion euro ($310 billion) in Russian central bank assets, with the majority—around 190 billion euro ($200 billion) —held in Belgium’s Euroclear.

Shmyhal said he also used the meeting to emphasize the importance of fully confiscating frozen ... in Russian assets frozen in Western jurisdictions. The total package is expected to unlock ...

The U.S. president could even cut a deal with his Russian counterpart ... The best option is to unlock Russia’s $300 billion of frozen central bank assets, the lion’s share of which are ...

The funds will come from windfall profits generated by frozen Russian assets. Under the agreement, the money will be disbursed between 2025 and 2026 and directed toward: Read also: Confiscation of ...

Russia's frozen assets After Russia's full-scale invasion of Ukraine, Western countries froze about $300 billion of Russian state assets, most of which are held in European financial institutions ...

Thorsten Frei, Head of the German Chancellery, has called for renewed discussions in the West on confiscating frozen Russian state assets, citing Russia’s refusal to pursue peace with Ukraine.

Finland will supply €90M ($101.3M) worth of ammunition to Ukraine by using proceeds from Russian assets frozen by the European Union, the Nordic nation's defense ministry has announced.