Tag #Frozen Assets

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dw.com

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Jan 6, 19:09

UK MPs Urge Transfer of Frozen Russian Assets to Ukraine

British MPs are calling for the UK government to transfer \$300 billion in frozen Russian assets to Ukraine, arguing that this is necessary to hold Russia accountable and prevent future conflicts, despite legal hurdles.

UK MPs Urge Transfer of Frozen Russian Assets to Ukraine

British MPs are calling for the UK government to transfer \$300 billion in frozen Russian assets to Ukraine, arguing that this is necessary to hold Russia accountable and prevent future conflicts, despite legal hurdles.

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What are the broader strategic and legal considerations raised by the MPs' proposal?

The MPs' letter, published before upcoming parliamentary debates, emphasizes the moral, strategic, and legal arguments for utilizing frozen Russian assets to support Ukraine's war effort. This action is seen as crucial, especially considering the potential for reduced future support from the US. The letter is signed by over a dozen British MPs and eight high-ranking lawmakers from allied nations.

mk.ru

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Dec 21, 13:09

EU to Confiscate Frozen Russian Assets, Despite Geopolitical Risks

The EU plans to confiscate approximately €200-260 billion in frozen Russian assets held within the EU, using the funds to aid Ukraine; this action may affect the value of the Euro and provoke retaliation from Russia.

EU to Confiscate Frozen Russian Assets, Despite Geopolitical Risks

The EU plans to confiscate approximately €200-260 billion in frozen Russian assets held within the EU, using the funds to aid Ukraine; this action may affect the value of the Euro and provoke retaliation from Russia.

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What are the immediate economic and geopolitical consequences of the EU's plan to confiscate frozen Russian assets?

The EU has frozen approximately €300 billion in Russian assets, with €200-260 billion held within the EU, primarily in Belgium. These funds are currently being used to aid Ukraine, and the EU has declared its intention to confiscate them, despite potential repercussions for the Euro's value.

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