fromwww.aljazeera.com
1 day agoEU looks set to indefinitely freeze hundreds of billions in Russian funds
The European Union is expected to indefinitely freeze hundreds of billions of Russian funds held in Europe in line with a plan to use the cash to support Ukraine. The bloc's members were expected to approve the plan on Friday to immobilise 210 billion euros ($246bn) worth of Russian sovereign assets for as long as necessary, through a qualified majority vote, instead of voting every six months on extending the asset freeze.
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