by MANOËL JOHR On 1 September the German foreign minister announced its intention of “terminating the lease for the Russian House in Berlin”, a cultural institution operated by the Russian Federation, in reaction to drone incidents of 4 August on German territory attributed to Russia. Other blogposts have analysed the…
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Frozen Funds, Real Aid: EU’s Cash Rescue for Ukraine
Xenia Seabright
by XENIA SEABRIGHT The moment feels almost surreal. Two years after Brussels immobilised more than €200 billion of the Russian central bank’s reserves, the money is still sitting in Euroclear’s vaults, yet it has begun to earn lavish returns. In 2024, “the windfall profits generated by such investment amounted to…
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