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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