EU to propose funneling billions in profits generated by Russian assets to Ukraine

The European Commission may soon propose a plan to confiscate 27 billion euros ($29 billion) in profits generated by frozen Russian assets and transfer them to Ukraine, The Guardian reported on March 14, citing its sources.

The commission's officials plan to put forward a "legally robust proposal" for consideration by the member states, possibly before a meeting of prime ministers in Brussels on March 21, the outlet said.

https://kyivindependent.com/the-guardian-eu-to-propose-funneling-billions-in-profits-generated-by-russian-assets-to-ukraine/

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