EU to use €1.4 billion from interest on frozen Russian assets to help Ukraine Published 05 Aug, 2026 02:01pm 'Russia must pay for the destruction it has caused,' European Commission President
EU states lift hurdle to using Russian assets for Ukraine loan Published 12 Dec, 2025 04:14am BRUSSELS: EU states Thursday lifted a key hurdle to using Russian assets for a mammoth loan to Ukraine by agreeing...
Gold is set for another predictable week Published 08 Dec, 2025 02:51am The Federal Reserve’s interest rate decision is set to be the major highlight of the week. While the market is...
Belgian PM says using frozen Russian assets could block Ukraine peace deal Published 28 Nov, 2025 06:14pm BRUSSELS: Belgian Prime Minister Bart De Wever said the European Union’s plan to use frozen Russian state assets to...
Moscow calls Japanese loan to Ukraine backed by frozen Russian assets ‘theft’ Published 24 Apr, 2025 05:14pm MOSCOW: Russia on Thursday accused Japan of treachery and complicity in theft after Tokyo last week signed an...
Fewer Russian assets frozen in Germany, finance ministry says Published 13 Dec, 2024 06:28pm BERLIN: Fewer Russian assets are currently frozen in Germany than a year ago, according to a letter from the finance...
EU’s Kallas wants Russian assets to directly aid Ukraine Published 12 Dec, 2024 05:38pm LONDON: Frozen Russian assets should be used directly to aid Ukraine, the European Union’s new foreign policy chief...
France to finance Ukraine aid with Russian assets Published 06 Sep, 2024 11:48pm PARIS: France will use a share of 1.4 billion euros ($1.5 billion) in revenues from frozen Russian assets to finance...
EU countries to provide up to 60% of $50bn loan for Ukraine, Italy says Published 21 Jun, 2024 07:25pm ROME: European Union countries are set to provide up to 60% of the $50 billion loan that the Group of Seven major...
World leaders join Ukraine summit in test of Kyiv’s diplomatic clout Updated 15 Jun, 2024 04:47pm LUCERNE: World leaders gather in Switzerland on Saturday for a summit aimed at pressuring Russia to end its war in...
Putin says freezing of Russian assets in West is ‘theft’ Published 14 Jun, 2024 06:19pm MOSCOW: Russian President Vladimir Putin on Friday branded as “theft” the freezing of Russian assets abroad and...
G7 agrees on loan deal to support Ukraine with Russian assets Published 14 Jun, 2024 06:31am BORGO EGNAZIA (Italy): Leaders of the Group of Seven (G7) major democracies agreed an outline deal on Thursday to...
G7 leaders agree to unblock $50bn for Ukraine by end of 2024: France Published 13 Jun, 2024 12:20am PARIS: Group of Seven leaders have agreed to provide Ukraine with $50 billion via the use of frozen Russian assets...
G7 ministers move closer to Russian assets deal to help Ukraine Published 25 May, 2024 10:46am STRESA: G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets...
Russia says EU will feel ‘full measure’ of retaliation over plan to use frozen assets to help Ukraine Published 23 May, 2024 04:49pm MOSCOW: Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that the European Union will feel the...
Yellen sees ‘possibility’ of $50bn Ukraine loan from seized Russian assets Published 21 May, 2024 07:50pm LONDON: US Treasury Secretary Janet Yellen said there was a possibility G7 nations would support Ukraine by as much...
Russia warns Europe: if you take our assets, we have a response that will hurt Published 23 Apr, 2024 01:48pm MOSCOW: An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to...
Russia should confiscate Western assets now after US move, top lawmaker says Published 22 Apr, 2024 11:35am MOSCOW: Russia now has grounds to confiscate Western assets after the US House of Representatives passed legislation...
G7 seeing if it can draw on frozen Russian assets, Italy says Published 19 Apr, 2024 05:39pm CAPRI: The Group of Seven (G7) major powers are looking to see if they can use frozen Russian assets held in the...
Three killed, 20 injured in Russian strikes on southern Ukraine Published 19 Apr, 2024 11:36am KYIV: Russian strikes overnight killed three people and injured 20 in the southern Dnipropetrovsk region, Ukrainian...
G7 eyeing using frozen Russian assets as collateral for Ukraine loans, EU official says Published 18 Apr, 2024 08:09pm WASHINGTON: Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral...
Yellen says it’s important to unlock value of Russian assets to aid Ukraine Published 16 Apr, 2024 10:31pm WASHINGTON: The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock...
Russia says EU frozen assets plan is theft, will lead to decades of lawsuits Published 20 Mar, 2024 05:05pm MOSCOW: Russia on Wednesday said a proposal by European Union foreign policy chief Josep Borrell to take 90% of...
EU’s Borrell wants to use 90% of frozen Russian assets revenues to buy arms for Ukraine Published 19 Mar, 2024 04:40pm BRUSSELS: European Union foreign policy chief Josep Borrell said on Tuesday he will propose that the EU uses 90...
G7 finance meeting marred by divisions over seizing Russian assets Published 28 Feb, 2024 10:57pm SAO PAULO: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet...
UK’s Sunak backs ‘bolder’ action on frozen Russian assets Published 25 Feb, 2024 04:44pm LONDON: British Prime Minister Rishi Sunak urged the West on Sunday to be “bolder” in seizing Russian assets and to...
Russia warns the West: we will be very tough if you ‘steal’ our assets Published 13 Feb, 2024 01:32pm MOSCOW: Russia warned the West on Tuesday that Moscow would be very tough if the United States and European Union...
Swiss have frozen $8.8 billion of Russian assets Published 01 Dec, 2023 05:43pm ZURICH: Switzerland has frozen an estimated 7.7 billion Swiss francs ($8.81 billion)in financial assets belonging to...
EU working on proposal for frozen Russian assets: von der Leyen Published 27 Oct, 2023 07:54pm BRUSSELS: The European Commission is working on a proposal to pool some of the profits derived from frozen Russian...
Ukraine to get 1.7bn euros from frozen Russian funds: Belgium Published 11 Oct, 2023 11:01pm BRUSSELS: Ukraine is to receive 1.7 billion euros ($1.8 billion) from taxes on interest generated from Russian funds...