The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.

    • towerful@programming.dev
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      8 days ago

      Because then the EU loses potential leverage over Russia - whether to protect EUs own security or to push Russia into a peace deal.

      It’s like shooting all the hostages.

      Edit:
      As another comment points out, it’s interest from the assets. So the assets are still intact, thus not triggering russians

  • gressen@lemm.ee
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    8 days ago

    The title is wrong. The money is not taken from the russian assets but rather interest earned from those assets. The original assets are left intact. FTA:

    The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.