Ukraine must urgently be given the €300bn of frozen Russian assets | Phillip Inman
by Phillip Inman from Economics | The Guardian on (#6XNHB)
Confiscating the funds would shock Putin, help Ukraine, and take advantage of disillusionment in the US economy
Ukraine needs more than long-range missiles and fibre-optic drones in its fight with Russia. What it needs is more money, and lots of it.
In particular, the war-torn nation should be handed the 300bn (250bn) of frozen Russian assets stored mostly in accounts hosted by the Euroclear trading system.
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