Search results
Results from the WOW.Com Content Network
Within days of the Russian invasion of Ukraine in February 2022 western countries moved to freeze Russian central bank funds in these countries. [1] [a] In March 2023 (prior to the destruction of the Kakhovka Dam) a joint assessment was released by the Government of Ukraine, the World Bank, the European Commission, and the United Nations, estimating the total cost of reconstruction and ...
The Russian central bank has not given a detailed breakdown of what was frozen but a rough outline can be gained from documents detailing Russian holdings at the beginning of 2022.
Russian assets frozen in European accounts are generating billions of dollars in interest payments that could be diverted to help repair Ukraine’s war-torn economy — and the European Union ...
BERN (Reuters) -Switzerland has frozen an estimated 7.7 billion Swiss francs ($8.81 billion) in financial assets belonging to Russians, the government said on Friday, under sanctions designed to ...
Switzerland has frozen Russian assets worth 5.8 billion Swiss francs ($6.36 billion), the government said on Tuesday, a big drop that could intensify international pressure on the neutral country ...
LONDON (Reuters) -Asset managers including France's Amundi and BNP Paribas, Britain's HSBC and Switzerland's Pictet have frozen Russia-focused equity funds totalling over $3 billion in assets, as ...
The European Commission, the EU's executive body, this week proposed taking profits from Russian assets frozen in Europe after Moscow's invasion and transferring 90% to an EU-run fund used to ...
Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral to provide loans to Ukraine, European Commission Executive Vice President Valdis Dombrovskis ...