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It came amid souring relations between the US and Ukraine, raising pressure on Europe to step up.
One quick way to raise "game-changing" cash would be to seize $218 billion in frozen Russian assets.
Amid growing tensions between Washington and Kyiv, calls are growing for Europe to take an unprecedented step that could unlock billions in funding for Ukraine.
Some world leaders and politicians, including former UK Prime Minister Rishi Sunak, are urging European countries to seize the roughly $218 billion in frozen Russian central bank assets — now largely held in Brussels — and hand them to Ukraine.
"It is only fair that Russia should pay for the damage its war has caused," Sunak wrote in an opinion piece for The Economist on Friday.
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One quick way to raise "game-changing" cash would be to seize $218 billion in frozen Russian assets.
Amid growing tensions between Washington and Kyiv, calls are growing for Europe to take an unprecedented step that could unlock billions in funding for Ukraine.
Some world leaders and politicians, including former UK Prime Minister Rishi Sunak, are urging European countries to seize the roughly $218 billion in frozen Russian central bank assets — now largely held in Brussels — and hand them to Ukraine.
"It is only fair that Russia should pay for the damage its war has caused," Sunak wrote in an opinion piece for The Economist on Friday.
As Europe mobilizes behind Ukraine, it's sitting on a $218 billion ace card — and it's being urged to play it
As relations between the US and Ukraine sour, Europe is scrambling to fill the gap. Russia's frozen assets may be a solution.