EU Resumes Plan to Transfer €200 Billion of Russian Assets to Ukraine
By: delo.ua|2026/08/27 06:36:57
0
Share
Prefer us on Google
A coalition of EU countries, including Sweden, the Netherlands, Poland, and Spain, is urging the European Commission to resume work on a mechanism for using frozen Russian assets to finance Ukraine. This concerns more than €200 billion of assets from the Central Bank of Russia that are blocked in the EU. A joint letter demanding the development of alternative mechanisms to bypass Belgium's veto will be sent on August 27. Swedish Foreign Minister Maria Malmer Stenergard emphasized the need to discuss the further use of frozen funds to protect Ukraine and Europe. The previous plan to use the assets was blocked by Belgium due to concerns over legal liability and its impact on financial markets. In December, a loan of €90 billion to Ukraine was agreed upon with guarantees from the EU budget, but this is insufficient to cover the deficit. The new call for the use of Russian assets coincides with discussions on the next seven-year EU budget. Diplomats believe that the frozen assets will help ease the burden on the budgets of countries and support Ukraine's defense.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Bill Gates Proposes Creating a List of Professions for Humans to Protect Against AI
ECB's Schnabel Calls for Further Rate Hikes to Curb Inflation Risks
Kraken Faces Nearly 12,000 Dust Attacks, Some Customer Accounts Inaccessible
Polkadot Burns DOT for JAMKB, Price Rises to 0.9037
Referendum 1926 stipulates that all DOT paid for JAMKB will be permanently burned, shrinking the supply. The DOT price stands at $0.9037, but a 100x increase would require a market value of $154 billion.
U.S. Crude Oil Shipments to Asia Expected to Reach 40 Million Barrels in September
Asian refiners are expected to nearly double their purchases of U.S. crude oil for September shipments compared to August. Ongoing procurement uncertainties of Middle Eastern crude are leading to increased U.S. crude as an alternative supply.
July ICT Exports Reach $53.36 Billion, Driven by Semiconductors and SSDs
In July, ICT exports reached $53.36 billion (approximately 73.8 trillion won), a 140.6% increase compared to the same month last year. The simultaneous rise in semiconductor and storage device exports highlights the ongoing semiconductor boom.
$20 Billion Tariff Dispute Expands to Automotive and Steel Sectors
Following the breakdown of trade negotiations between the U.S. and Canada, a dispute over a 50% tariff on $20 billion (approximately 27.68 trillion won) has expanded to the automotive and steel sectors. Both countries are at odds over last-minute negotiation conditions and additional concessions.
Goldman Sachs Acquires NEOS for $2.3 Billion
US Resumes Beef Imports from Mexico, Ground Beef Price at $6.89
The U.S. government has gradually reopened beef import corridors from Mexico starting August 24, with the average price of ground beef rising to $6.89 per pound in July.
Taxes: Who Gained and Who Lost from the Changes Implemented by Javier Milei
The government "returned to the private sector" the equivalent of 3 points of GDP, as stated by the President. However, some sectors received more while others lost.
Iranian Rial Falls Below 2 Million, Warns of Retaliation Against Supporters of Sanctions
The Iranian rial has dropped to around 2.02 million rials per dollar in the unofficial market. The anticipated additional U.S. sanctions against Iran and the control issues in the Strait of Hormuz are simultaneously increasing pressure on the Iranian economy.
Solana Network REV Surpasses $1 Million, Reaches Six-Month High
Government Explains Limited Dollar Sales by Samsung Electronics and SK Hynix
The government explained that the large-scale shareholder returns by Samsung Electronics and SK Hynix, which were mentioned as factors that could lower the won-dollar exchange rate, may actually result in limited dollar sales compared to market expectations.
Blockade of Ukrainian Ports May Lead to 30% Increase in Agricultural Prices
Wind Farm with 900 MW Capacity Planned in Odesa Region
Dim Sum Bond Issuance Increases by 46%, Dependence on Dollar Bonds Decreases
As the cost of procuring US dollars rises, the issuance of bonds denominated in Chinese yuan and Hong Kong dollars is rapidly increasing. Issuers are looking to reduce their dependence on dollar bonds and find relatively lower-cost funding currencies.
D2 Finance Raises Five Questions on Tori Finance's Gap-Filling Actions
Oman Foreign Minister to Discuss Hormuz on 25th in Tehran
Goldman Sachs Raises 2026 WFE Forecast to $150 Billion
The forecast for spending on front-end semiconductor equipment (WFE) in 2026 has been raised to $150 billion (approximately 207.75 trillion won). The demand for AI servers is likely to stimulate investments in memory and foundries.
Global Banks Analyze Entry into Digital Dollar Market
As stablecoins expand beyond trading collateral to payment, settlement, and fund management infrastructure, global banks are also making significant moves into the digital dollar market. Kaiko Research...
US 30-Year Treasury Yield Hits 5.33%, Highest Since 2007
The yield on the US 30-year Treasury bond rose to around 5.33%, increasing market concerns about long-term borrowing costs and inflation expectations. The rise in long-term rates affects not only stocks but also Bitcoin (BTC) and ...
Gasoline Consumption Reaches 46.5 Million Barrels in First Half of the Year
In the first half of this year, domestic gasoline consumption was recorded at 46.58 million barrels, marking the highest level for any first half of the year. While total petroleum product consumption decreased, gasoline consumption increased, reflecting the effects of the maximum oil price system.
Life Insurers Express Concerns Over Financial Burden from Reduced Issuance of Ultra-Long-Term Bonds
Life insurance companies have expressed concerns to financial authorities that the reduction in the issuance of ultra-long-term government bonds could increase their financial soundness burden. They need to manage asset maturities in line with long-term insurance contracts.
Pakistan sets September 5 deadline for crypto platforms to comply
Pakistan's new crypto regime allows timely applicants to keep operating while regulators review their filings.
Federal Reserve's Kashkari Says U.S. Treasury Market is Functioning Normally
U.S. Imposes 50% Tariff on $20 Billion Canadian Goods, Canada Promises Retaliation
On the 22nd, the U.S. imposed a 50% tariff on approximately $20 billion (about 27.7 trillion won) worth of Canadian goods, and Canada announced it would respond with a similar retaliatory tariff starting September 8. The breakdown of negotiations...
Russia Rejects Black Sea Ceasefire Proposal, Wheat Futures Rise 3%
Ukraine proposed to Russia to cease attacks on civilian vessels and port infrastructure in the Black Sea, but Russia rejected the offer. Military tensions surrounding the Black Sea route are affecting grain logistics and...
Companies Hold Over 1.1 Million Bitcoins, Strategy Leads
Increased Liquidity Burden for Insurers Amid Rising Interest Rates
The Insurance Research Institute has diagnosed that the short-term liquidity burden on insurers may increase during periods of rising market interest rates, highlighting the need for enhanced risk management systems. Insurers with a high proportion of long-term bond holdings face potential challenge...
Egypt and Iran Foreign Ministers Discuss Tension Reduction Over Phone
Egypt and Iran have taken steps regarding the possibility of reducing tensions in the Middle East and diplomatic contacts between the U.S. and Iran. Although it is not a formal declaration to resume negotiations, it reflects a trend towards seeking diplomatic solutions rather than military responses...
Bill Gates Proposes Creating a List of Professions for Humans to Protect Against AI
ECB's Schnabel Calls for Further Rate Hikes to Curb Inflation Risks
Kraken Faces Nearly 12,000 Dust Attacks, Some Customer Accounts Inaccessible
Polkadot Burns DOT for JAMKB, Price Rises to 0.9037
Referendum 1926 stipulates that all DOT paid for JAMKB will be permanently burned, shrinking the supply. The DOT price stands at $0.9037, but a 100x increase would require a market value of $154 billion.
U.S. Crude Oil Shipments to Asia Expected to Reach 40 Million Barrels in September
Asian refiners are expected to nearly double their purchases of U.S. crude oil for September shipments compared to August. Ongoing procurement uncertainties of Middle Eastern crude are leading to increased U.S. crude as an alternative supply.
July ICT Exports Reach $53.36 Billion, Driven by Semiconductors and SSDs
In July, ICT exports reached $53.36 billion (approximately 73.8 trillion won), a 140.6% increase compared to the same month last year. The simultaneous rise in semiconductor and storage device exports highlights the ongoing semiconductor boom.
...
Contents
Latest articles
07/30/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
