Under the agreement, 90 percent of the profits from these assets will be allocated to the European Peacekeeping Facility, a fund run by the European Union that provides military assistance to Ukraine. The remaining 10 percent will boost Ukraine's defense industry capabilities and reconstruction needs.
Czech Foreign Minister Jan Lipavsky on social media platform
About €260 billion of CBR assets are frozen in securities and cash under the jurisdiction of G Partners, the EU and Australia, according to Council data. More than two-thirds of these frozen assets are held within the EU.
Czech Foreign Minister Jan Lipavsky on social media platform
About €260 billion of CBR assets are frozen in securities and cash under the jurisdiction of G Partners, the EU and Australia, according to Council data. More than two-thirds of these frozen assets are held within the EU.
