EU to freeze €210bn in Russian assets indefinitely (www.theguardian.com)
from MicroWave@lemmy.world to world@lemmy.world on 13 Dec 01:05
https://lemmy.world/post/40118435

The decision is a significant step towards using the cash to aid Ukraine’s defence – but Moscow is threatening to retaliate

The EU has agreed to indefinitely freeze Russia’s sovereign assets in the bloc, as Moscow stepped up its threats to retaliate against Euroclear, the keeper of most of the Kremlin’s immobilised money.

The decision by the EU to use emergency powers to immobilise €210bn (£185bn) of Russia’s central bank’s assets marks a significant step towards using the cash to aid Ukraine’s defence.

European Council president António Costa confirmed on Friday that EU leaders had delivered on a commitment, made in October, to “keep Russian assets immobilised until Russia ends its war of aggression against Ukraine and compensates for the damage caused”.

#world

threaded - newest

sramder@lemmy.world on 13 Dec 01:44 next collapse

FFS! Spend them 😝

prex@aussie.zone on 13 Dec 03:03 next collapse

IKR? They have doubled down at every opportunity and are literally invading European bases with drones. This is just preemptive reparations.

sramder@lemmy.world on 13 Dec 08:01 collapse

My brother in IRE was damn near beside himself a few days ago when there was drone activity off the coast. The Irish Times article seemed quite stoic, but I imagine the TV was blowing up with bate.

Going to pay him a visit in a few months… hopefully I can still fly my little DJI when the time comes, been dreaming of this vacation for years 😅

TheBlackLounge@lemmy.zip on 13 Dec 09:15 collapse

You can only spend once. You can spend the taxes on investment profits indefinitely.

sramder@lemmy.world on 13 Dec 12:01 collapse

Infinite Money Glitch?

giacomo@lemmy.dbzer0.com on 13 Dec 03:16 next collapse

stop saying freeze, and start saying seize

Bullerfar@lemmy.world on 13 Dec 12:14 next collapse

Who cares what russia thinks at this point. They had plenty of uppotunity to leave Ukraine or settle for peace negotiations, but has done neither… It’s time to bring out “the big guns” fuck putin.

SlartyBartFast@sh.itjust.works on 13 Dec 20:57 collapse

They had years to do this by this point