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Frozen Russian Central Bank funds could be used to generate profits for Ukraine, EU Commission says

By Kathryn Carlson
  • 30 Nov 2022 17:46
  • 30 Nov 2022 17:46
The Central Bank of Russia's frozen assets could be temporarily invested to generate profit for Ukraine as long as sanctions are in place, under a new plan from the European Commission.
The EU executive said today that it aims to set up a structure to temporarily the assets (see here). It

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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