EU members had already decided in May to use profits from the assets frozen in the EU to help Ukraine, with 90% of funds earmarked for military aid. But Hungary has been holding up approval of the ...

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier EU proposal to use ...

The European Union intends to generate hundreds of billions more euros from frozen Russian assets by transferring them to an alternative investment fund.

European Union governments agreed to use €1.4 billion in profits from Russian frozen assets for weapons and other aid to Ukraine, prompting Hungary to accuse fellow EU members of a "shameless ...

European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and military defense.

Ukraine may have gotten one step closer to gaining access to frozen Russian assets to put toward its massive reconstruction needs. European Union leaders on Oct. 27 expressed support for a ...

The U.S. and EU have approved plans to use frozen Russian assets to support Ukraine's war efforts, with $3.3 billion expected to reach Ukraine this year.

The European Union is moving ahead with a proposal to tax profits from more than €200 billion ($218 billion) of frozen Russian central bank assets to aid Ukraine’s reconstruction despite ...

LONDON (Reuters Breakingviews) - Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of ...

European Union leaders have backed plans to use earnings from frozen Russian assets to help fund Ukraine and pledged continued military support for Kyiv, as it struggles to retake territory and ...