Russian-Ukraine conflict: EU plans to use Moscow's frozen assets to fund Kyiv; here's how

The European Union is advancing a plan to use 210 billion euros in frozen Russian central bank assets for Ukraine's defense and rebuilding efforts. This legal workaround involves channeling funds through a Special Purpose Vehicle to provide a "Reparations Loan" to Kyiv, repayable only when Russia pays war reparations.

Russian-Ukraine conflict: EU plans to use Moscow's frozen assets to fund Kyiv; here's how
The European Union is advancing a plan to use 210 billion euros in frozen Russian central bank assets for Ukraine's defense and rebuilding efforts. This legal workaround involves channeling funds through a Special Purpose Vehicle to provide a "Reparations Loan" to Kyiv, repayable only when Russia pays war reparations.