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EU indefinitely freezes Russian assets, moving closer to financial lifeline for Ukraine

Summary
Josh Wolsky
Josh Wolsky
Source
The Kyiv Independent
Luca Léry Moffat

The Kyiv Independent

The European Union has quietly removed one of the biggest political risks hanging over its Russia sanctions. By agreeing to indefinitely freeze Russian central bank assets, EU leaders no longer need unanimous votes every six months to keep the funds locked down. That shift clears a path toward using the frozen money to back major financial support for Ukraine as the war enters its fourth year. The decision also sharpens legal and diplomatic tensions with Moscow, which is already signaling it will fight the move in court. Luca Léry Moffat with The Kyiv Independent has the full story.

The Kyiv Independent
Luca Léry Moffat

The Kyiv Independent

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Josh Wolsky

Josh Wolsky

Developer & Writer @TheMinot Voice, Fan of the Souris River, SavorMinot Advocate. Fortunate to be a 'former' City Council member ;)

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