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EU Agrees to Send $3.2B of Frozen Russian Assets to Aid Ukraine

  • #Ukraine
  • #Politics
  • #Finance
  • #Russia
EU Agrees to Send $3.2B of Frozen Russian Assets to Aid Ukraine
story
MAY 2024
Image copyright: Thierry Monasse/Contributor/Getty Images News via Getty Images
story last updated MAY 2024

The Spin

Pro-establishment narrative

Repurposing Russian profits is necessary to finance the ongoing war effort and ensure the successful rebuilding of Ukraine after the conflict. Vladimir Putin is unlikely to cooperate in a reparations campaign, so the West must act proactively and do what is right against Putin's hypocritical objections.

chathamhouse.org

Establishment-critical narrative

The seizing of frozen Russian assets is legally dubious and incredibly damaging to international confidence in the West's financial institutions. By using profits that are rightfully Russian, a dangerous and irreversible precedent will be set that the West will regret. This move will do little but encourage divestment from the Western world.

RT

Metaculus Prediction


Articles on this story

EU makes decision on frozen Russian funds
RTFEB 2024