Western nations freeze $300B Russian assets
This is a Ukraine news story, published by Euromaidan Press, that relates primarily to Ukraine Support Fund news.
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Russian assetsEuromaidan Press
•$ 19 billion for Ukraine: US races October deadline on Russian assets
62% Informative
Western nations have frozen an estimated $300 billion in Russian assets in response to Russia 's invasion of Ukraine .
Most of these frozen assets are held in Europe , particularly in Euroclear , with substantial amounts in the United States .
Western countries are reluctant to disclose the exact figures.
The REPO Act gives the president the authority to seize and transfer the assets to the US -based Ukraine Support Fund .
Euromaidan Press’ editorial team may or may not share them. Submit an opinion to Euromaidan Press Read more: - Seizing Russian assets for Ukraine : everything you need to know - Ukraine still awaits $ 50 billion from frozen Russian assets amid legal and political uncertainty - No Russian assets profits for Ukraine aid, says Switzerland - Six American anti-Ukraine aid myths that just won’t go away - US aid to Ukraine : big wins on a small budget.
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