Mar 22, 2025 · Since May, 2024, scores of bank customers have been unable to withdraw their funds, with more than $100 million effectively frozen, according to ABC 7 Eyewitness News. Konstantin Tarnorutskiy is one of these unfortunate bank customers.

Mar 18, 2025 · FRANKFURT, Germany (AP) — With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. For now, the assets are still on ice, with opponents of seizure warning that the move could violate international law and ...

Mar 21, 2025 · Europe has frozen $229 billion in Russian central bank assets but remains reluctant to confiscate them for Ukraine's defense and reconstruction.

Mar 6, 2025 · One of the mechanisms Europe has at its disposal to make up the shortfall of American backing is to fully seize frozen Russian assets held in the region. What are the Russian assets and where are...

Mar 17, 2025 · FRANKFURT, Germany (AP) — With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate ...

According to the deputy head of the Presidential Office, Iryna Mudra, Ukraine can claim $280 billion in Russian assets frozen around the world. The issue of transferring this money to...

Jan 8, 2025 · Were the Trump administration to significantly curtail assistance to Ukraine, the $300 billion in frozen assets would be able to replace U.S. expenditures for roughly six or seven years.

In a serious warning that has captured the attention of financial markets worldwide, Russian officials have cautioned that tapping into frozen assets could lead to significant disruptions in ...

Nov 27, 2023 · Since Russia’s invasion of Ukraine, experts have been pondering whether Western governments should seize the portion of Russian central bank reserves deposited in the West. These assets, worth...

Dec 28, 2023 · The central bank has confirmed that about $300 billion worth of assets have been frozen in the West. Total Russian foreign currency and gold reserves totalled $612 billion at the time