A plan for 200 billion euros: Europe has invented how to support Ukraine with money

In Europe, they study the opportunity to transfer to Ukraine percentages received from Russian assets that are stored in the world's largest European clearing center. The European Union has begun discussions about the transfer of profits from billions of euros of Russian assets left in the world financial markets. Financial Times writes about it. According to journalists, EU officials have already discussed this issue at a meeting on May 24, 2023.

It is noted that the possibility of transferring the percentage received from Russian assets that is stored in the world's largest European clearing center in the world has been studied. However, the withdrawal of the assets themselves will not be needed. According to the Belgian government, the sanctions have frozen 196. 6 billion euros of Russian assets in EuroClear, of which 180 billion euros are assets of the Russian Central Bank.

Frozen assets of Russia are still generating income, and Europeanar reinves funds. It is the profits of reinvestment that European officials want to help Ukraine. The high interest rates of the Central Bank, along with the unusual accumulation of payments through sanctions, led to record profits - in the first quarter of the year, Euroclear reported about 734 million euros percent percent of the residual funds from Russian assets. "It is not quite clear to whom these percentages belong.

The use of these percentages in favor of Ukraine is an" unrecognized territory ", but we believe that it can be done," - said one of the participants of the meeting.