According to Ukrinform’s Zelenskyy, there are $300 billion worth of frozen Russian assets. He also noted that Russia’s earnings from its “shadow navy” are “many-times greater” than any aid that Ukraine has received.
“We are grateful without complaint for everything.” “But only the Russian shadow navy, which hasn’t been sanctioned, earned more in nearly three years of war, than all the aid that the world has given to Ukraine in this conflict,” the president said.
The European Parliament approved EUR35 bn ($38 bn), in aid to Ukraine on 22 October. This money will be reimbursed by the profits of the frozen Russian assets. According to Zelenskyy the majority of the EUR211 bn ($228 bn), in Russian assets, has been frozen in Europe. These funds were managed by Euroclear clearing, which generated $3 bn in profits in 2023.
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