EU locks Russian billions indefinitely — the real reason why...
The European Union has locked away €210 billion ($228 billion) in frozen Russian state assets indefinitely. This bold move bypasses potential vetoes.
It specifically prevents states like Hungary or Slovakia from blocking future aid for Ukraine. This ensures a more consistent flow of support.
This isn't just a freeze; it's a global power shift!
Russia responded fiercely by suing Euroclear, a major asset holder. Moscow contests the legality of Europe's unprecedented actions.
Despite the indefinite freeze, debate continues on using asset profits for Ukraine. Italy and Belgium still voice concerns over the specific plans.
The next steps for these massive frozen Russian funds will reshape international finance; share your thoughts.