EU, UK discuss Ukraine funding

This is a Russia news story, published by MSN, that relates primarily to Buchanan news.

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frozen Russian central bank assets

Insider

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US Politics

As Europe mobilizes behind Ukraine, it's sitting on a $218 billion ace card — and it's being urged to play it

Summary

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77% Informative

Calls are growing for Europe to seize $218 billion in frozen Russian central bank assets and hand them to Ukraine .

EU holds majority of roughly $300 billion in Russian funds frozen by the U.S. and allies after Moscow launched its full-scale invasion in February 2022 .

EU and UK leaders met with Ukrainian President Volodymyr Zelenskyy for emergency talks in London on Sunday .

Buchanan said such a move would send a "crystal clear" signal to Russia that this money isn't coming back.

The question is whether Western leaders will take the leap, Buchanan said.

"It's just political will at this point," she added.

Russia is considering a draft bill to confiscate foreign property in response to similar moves from "unfriendly countries".

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formal

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English