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The Commission is considering transferring Russian assets to bolster a €45 billion loan to Ukraine, addressing concerns over the potential early unfreezing of these assets. This follows the European Parliament's approval of a separate €35 billion loan as part of a broader G7 initiative to support Ukraine's struggling economy. Meanwhile, backlash is growing in Brussels against the Commission's budget plans, with various stakeholders urging for modifications.
The US Treasury has sanctioned two Swiss lawyers for allegedly helping Russian clients evade sanctions by creating companies and trusts. This action highlights concerns over loopholes in Swiss law that allow lawyers to operate without due diligence, facilitating illicit financial activities. The sanctions are part of a broader effort to disrupt networks supporting Russia's military operations amid ongoing international tensions.
The Biden administration is working to provide Ukraine with $10 billion in military aid as part of a broader $20 billion commitment. This initiative is included in a $50 billion loan arrangement coordinated with the G7 and European Union, according to the White House National Security Council.
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Commission considers using Russian assets to support Ukraine loan initiative
06:10 31.10.2024
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17:38 30.10.2024
biden administration seeks to provide 10 billion in military aid to ukraine
19:23 23.10.2024
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