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Friday, October 3, 2025

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.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tuZL6fM

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