• 23/06/2024 17:25

The media found out why the EU refused to provide Ukraine with 5 billion euros in profits from frozen assets of the Russian Federation

ByJohn Newman

Mar 27, 2024

Representatives of the European Union do not intend to send Ukraine 5 billion euros from income acquired as a result of the investment of frozen Russian assets in the period from 2022 to 2023.

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The media found out why the EU refused to provide Ukraine with 5 billion euros in profits from the frozen assets of the Russian Federation

Photo – Tolga Akmen /AFP

The fact that these funds will remain in the accounts of the Euroclear securities depository (in Brussels) as insurance against likely lawsuits from the terrorist state of the Russian Federation, writes NBN, citing on material from Politico.

As it became known, the said decision of the European Union stipulates that part of this Russian money can only be used for “expenses, risks and losses incurred by central securities depositories” (due to the war between the Russian Federation and Ukraine), despite the fact that Kiev actively opposes such an “idea.”

Also, in accordance with the EU plans, only some income from investments of frozen funds of the Central Bank will be transferred to Ukraine as financial assistance. ;RF, but only after deducting the appropriate tax rates determined after February 15 of the current year.

Earlier, our news portal informed about why Hungary wanted to block the transfer by the European Union of profits from Russian assets to Ukraine.

nbnews.com.ua

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