Officials at the European Commission are poised to submit what they believe is a legally robust proposal to be considered by member states, possibly before a meeting of prime ministers in Brussels next Thursday.
More than £230bn worth of assets belonging to the Russian central bank has been frozen in the west, largely in foreign currency, gold and government bonds. About 70% of these assets are held in the Belgian central securities depository Euroclear-the equivalent of €190bn.
Deposits held in Europe are likely to generate between €15bn and €20bn in after-tax profits between now and the end of 2027, the end of the EU's current financial cycle, depending on what happens with global interest rates, a senior EU official said.
This year they are expected to generate between €2bn and €3bn in profits, depending on possible interest rate changes - money that could then go straight to Ukraine.
Bu hikaye The Guardian dergisinin March 15, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin March 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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