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19%  
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  • Europe Agrees to Give Russia's Billions to Ukraine

    05/21/2024 5:12:41 AM PDT · by canuck_conservative · 105 replies
    Newsweek ^ | May 21, 2024 | Isabel van Brugen
    Russian central bank assets. Czech Foreign Minister Jan Lipavsky said the move will hand Ukraine up to €3 billion (about $3.3 billion) this year. "We have approved in the EU using revenues from Russia's central bank's frozen assets to help Ukraine," wrote Lipavsky on X, formerly Twitter. "Up to €3B only this year, 90% goes for Ukraine's military. Russia must pay for its war damages." The financial assets were frozen shortly after Russia launched a full-scale invasion of Ukraine in February 2022. Reuters reported this month that the EU has estimated that by 2027, windfall profits from Russia's central bank...