The debates over the political, financial and even legal barriers to using frozen Russian assets to fund the immense reconstruction costs caused by the full-scale invasion of Ukraine rumble on.
It is estimated that the assets of Russia’s Central Bank frozen by Western countries, as part of the sanctions regime, are alone worth €260 billion euros with the financial returns on a portion of those assets held in one central securities depository in 2023 was about €4.4 billion.
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