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Five EU countries agree to strengthen control over compliance with sanctions against russia
European Union
Finland, Estonia, Lithuania, Latvia and Poland sign an agreement in Vilnius
10 May 2024
European Union
EU agrees to use profits from frozen russian assets to buy weapons for Ukraine
European Union
The profits generated by investing russia’s assets immobilized in Belgium are worth between €2.5 billion and €3 billion per year
08 May 2024
European Union
The European Commission has sent the EU members a draft of the 14th package of sanctions against russia
European Union
Restrictions are still being discussed among EU member states
06 May 2024
European Union
The G7 countries stopped discussing the confiscation of russian assets
European Union
The US and Europe disagree on how far to go in confiscating frozen russian assets
03 May 2024
European Union
Italy seeks compensation from the EU for assets confiscated by russia
European Union
This was stated by Italian Foreign Minister Antonio Tayani
02 May 2024
European Union
Borrell told about the EU's plan to use frozen russian assets
European Union
Experts finally managed to find a legal basis to confiscate these assets and transfer them to Ukraine
23 Apr 2024
European Union
European companies are looking for loopholes to continue working in russia after the lifting of sanctions exemptions
European Union
Starting in June, EU companies will be prohibited from providing services to their subsidiaries in russia, which was previously allowed
23 Apr 2024
European Union
EU wants to impose sanctions on russian liquefied natural gas and oil "shadow fleet"
European Union
Swedish Foreign Minister shares details of the 14th package of sanctions against russia
22 Apr 2024
European Union
G7 countries defer transfer of russian assets to Ukraine until June
European Union
The 50th G7 Summit will be held from June 13 to 15, 2024 in Italy
19 Apr 2024
European Union
G7 considers using $300 billion of frozen russian assets as collateral for credits to Ukraine
European Union
Valdis Dombrovskis noted that this is one of the options for the use of frozen russian assets being considered by the G7
18 Apr 2024
European Union
The head of the EU Central Bank does not support the transfer of €260 billion of frozen russian assets to Ukraine
European Union
She believes that such a transfer could lead to a violation of the international legal order
18 Apr 2024
European Union
PACE calls for confiscation of russian sovereign assets
European Union
The Council of Europe should lead the process of confiscating russian sovereign assets and using them to rebuild Ukraine through a specially created international compensation m…
16 Apr 2024
European Union
EU Council approves directive criminalizing sanctions evasion and violations
European Union
The document prescribes uniform wording of violations and unified penalties for them for all countries
12 Apr 2024
European Union
Lithuanian MEP sees progress on the idea of transferring frozen russian assets to Ukraine
European Union
However, he believes that the final decision will not be made quickly
10 Apr 2024
European Union
EU court lifts sanctions against russian oligarchs Aven and Friedman
European Union
The businessmen are the main shareholders of Alfa Group, a conglomerate representing Alfa Bank, one of russia's leading banks
10 Apr 2024
European Union
The European Commission supports the proposal to use 90% of the proceeds from frozen russian assets for weapons for Ukraine
European Union
The G7 countries are also discussing the use of russian assets
09 Apr 2024
European Union
The European Union told about the work on the 14th package of sanctions against russia
European Union
The Vice President of the European Commission predicted that the new package will have a strong emphasis on fighting sanctions evasion
09 Apr 2024
European Union
The President's Office believes that the proceeds from frozen russian assets are unlikely to be used to buy weapons for Ukraine
European Union
Most likely, the funds will be allocated to the budget or for reconstruction
07 Apr 2024
European Union
44 states confirmed that russia's assets will remain frozen
European Union
The Political Declaration of the Hague Conference was signed by 44 out of 57 states in support of the establishment of a special tribunal and initiatives to transfer frozen russ…
03 Apr 2024
European Union
In Europe, €37 billion of private and €208 billion of sovereign russian assets have been frozen
European Union
The European Union is working to use frozen russian assets to compensate for the damage caused by russian aggression
02 Apr 2024
European Union
The EU will not transfer 5 billion euros of profit from frozen russian assets to Ukraine
European Union
These funds will remain in the Brussels-based securities depository Euroclear as a precautionary measure in case of legal action by the Kremlin
27 Mar 2024
European Union
EU approves transfer of proceeds from frozen russian assets to Ukraine
European Union
Even Hungary has supported this decision
22 Mar 2024
European Union
Borrell presents proposal to the EU Council to use proceeds from russian assets for Ukraine
European Union
The proposal includes 90% will be allocated via the European Peace Facility and 10% via the EU budget
20 Mar 2024
European Union
The European Union has developed a mechanism for providing Ukraine with frozen russian assets
European Union
The proposals envisage a tax on profits from frozen reserves to be used to finance arms supplies to Ukraine and develop its defense industry
19 Mar 2024
European Union
EU begins preparing 14th package of sanctions
European Union
EU foreign ministers approve new economic sanctions against russia and belarus
18 Mar 2024
European Union
Western partners may introduce a new tax for russia to compensate for losses from the war
European Union
This was stated by the Prime Minister of Ukraine Denys Shmyhal
15 Mar 2024
European Union
Three EU countries oppose the purchase of ammunition for Ukraine from frozen russian assets
European Union
Recently, the idea of using the profits from frozen russian assets to purchase weapons for Ukraine was suggested by the head of the European Commission Ursula von der Leyen
14 Mar 2024
European Union
European Parliament adopts legislative resolution to allow the use of confiscated russian assets for the reconstruction of Ukraine
European Union
The European Parliament adopts a resolution to implement the Directive on the identification and seizure of assets of criminal origin
13 Mar 2024
European Union
EU extends personal sanctions against russians involved in war against Ukraine for 6 months
European Union
Existing restrictive measures include travel restrictions for individuals, asset freezes, and a ban on the provision of funds or other economic resources to individuals and lega…
12 Mar 2024
European Union
EU adopts directive introducing unified criminal penalties for violation of EU sanctions
European Union
The same penalties will be imposed for helping russia evade sanctions throughout the EU. For individuals, it will be imprisonment for up to five years
12 Mar 2024
European Union