Ukraine

8175 readers

766 users here now

News and discussion related to Ukraine

*Sympathy for enemy combatants in any form is prohibited.

*No content depicting extreme violence or gore.

Donate to support Ukraine's Defense

Donate to support Humanitarian Aid

founded 2 years ago

MODERATORS

[email protected]

149

Ukraine to Receive €1.4 Billion from Frozen Russian Assets in August (www.kyivpost.com)

submitted 3 months ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 16 points 3 months ago (1 children)

The G7 currently agreed, after urging and veiled threats from Saudi Arabia, that it would only use the interest from the frozen Russian assets rather than confiscating the assets themselves.

The important quote here

[–] [email protected] 7 points 3 months ago

Bummer. It refers to this old SA gem:

Saudi Arabia Threatened to Sell Off Europe’s Bonds If EU Seized Russian Assets – Bloomberg

Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.

https://www.kyivpost.com/post/35611

I guess Saudi Arabia and Russia are still tight