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How to use Russia’s central bank assets for Ukraine

  • A bipartisan group of United States senators called on Secretary of State Marco Rubio to consider allocating $300 billion in frozen Russian assets to Ukraine's war effort, as stated in a March 21 letter.
  • The decision to use frozen Russian assets to support Ukraine has faced various political and legal hurdles, according to discussions surrounding the funds that have been frozen since February 2022.
  • Belgian Prime Minister Bart De Wever warned that confiscating Russian assets would be considered 'an act of war' and could destabilize the financial system globally.
  • Spain's Foreign Minister Jose Manuel Albares emphasized the legitimacy of using frozen Russian funds to support Ukraine's defense at the upcoming G5+ meeting, suggesting it could function as advance reparations.
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20minutos broke the news in Madrid, Spain on Monday, March 31, 2025.
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