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EU to freeze Russian assets
Financial Express Mumbai
|December 13, 2025
THE EUROPEAN UNION looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.
EU governments aim to sign off by 1600 GMT, through a qualified majority vote, on a plan to immobilise 210 billion euros ($246 billion) worth of Russian sovereign assets for as long as needed to prevent major economic disruption to the EU economy.
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