Frozen Russian Sovereign Assets: ECB Rejects European Commission Plan to Back Ukraine Loan With Frozen Russian Assets

Abstract The persistent Russian aggression against Ukraine, now extending into its fourth year as of December 2025, has imposed unprecedented fiscal and reconstruction demands on Kyiv, estimated at over €486 billion through 2033 by the World Bank‘s “Ukraine Rapid Damage and Needs Assessment” (February 2025 update) World Bank Ukraine Rapid Damage and Needs Assessment, February … Leggi tutto Frozen Russian Sovereign Assets: ECB Rejects European Commission Plan to Back Ukraine Loan With Frozen Russian Assets