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EU leaders approve using profits from frozen Russian assets

EU leaders approve using profits from frozen Russian assets

More than €200B in Russian assets are sitting in the EU.

BY PAOLA TAMMAJACOPO BARIGAZZI AND LAURA HÜLSEMANN, Politico

EU leaders endorsed unprecedented plans to use profits generated by frozen Russian state assets for Ukraine reconstruction, and called on the European Commission to make legal proposals to that effect, according to European Council summit conclusions.

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