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Ukraine's allies consider seizing Russia's frozen assets worth $300 billion

Business Standard LogoBusiness Standard20h ago

Ukraine's allies consider seizing Russia's frozen assets worth $300 billion - Business Standard

Quick Summary:

With US support for Ukraine in doubt, Kyiv's European allies are weighing whether to seize USD 300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns.

For now, the assets are still on ice, with opponents of seizure warning that the move could violate international law and destabilize financial markets.

Here are key things to know about the debate surrounding the Kremlin assets that were frozen shortly after Russia's full-scale invasion in early 2022:


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 10:07:09 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1159 words

Reading Time: 7 minutes read

Sentences: 44 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27133526

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 314 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/ukraines-allies-consider-seizing-russias-174227290

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