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The European Union is advancing a plan to use 210 billion euros in frozen Russian central bank assets for Ukraine's defense and rebuilding efforts. This legal workaround involves channeling funds ...

Nigeria has set September 2027 deadline to begin full implementation of the International Financial Reporting Standards (IFRS) 9, which requires market-to-market valuation of all assets.

The EU is putting increasing pressure on Belgium to allow the use of frozen Russian assets to provide Ukraine with a reparations loan, according to the Financial Times. Approximately €190 billion of ...

Leaders of three key European countries announced joint efforts to use frozen Russian assets to support the Ukrainian military, emphasizing the importance of coordination with the US and strengthening ...

BRUSSELS (Reuters) -The European Union is searching for a way to finance Ukraine’s defence and reconstruction with Russian central bank assets immobilised in the West after Moscow’s invasion. Under ...

BERLIN, Oct 10 (Reuters) - German Finance Minister Lars Klingbeil said on Friday that he is confident European Union countries will find a solution to use Russian central bank assets to help Ukraine.

The UK is "ready to progress" to using the full value of frozen Russian assets to support Ukraine's war effort, Prime Minister Sir Keir Starmer has said. In a statement, the leaders of the UK, France ...

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The European Commission is considering the idea of using not only €140 billion of frozen Russian assets held in a financial repository in Belgium but also an additional €25 billion from private ...

A diplomatic source pointed out that "patience with the Belgian officials was running thin," adding that they could agree to the use of Russian assets LONDON, October 8. /TASS/. The European ...