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Search resuls for: "Reuters Kyiv"


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KYIV, Nov 9 (Reuters) - Ukraine told Western allies on Thursday that giving it the interest accrued from frozen Russian assets would not be enough to compensate for damage sustained by the war and that it hoped to receive the assets in full. European Commission President Ursula von der Leyen said last month the Commission was working on a proposal to pool some of the profits derived from frozen Russian state assets to help Ukraine and its post-war reconstruction. She said the value of frozen Russian sovereign assets was around 211 billion euros ($223 billion), noting the bloc had decided that Russia must pay for Ukraine's reconstruction. Iryna Mudra, Ukraine's deputy justice minister, told Reuters Kyiv's partners were considering introducing a tax on income or investment of frozen Russian assets, an idea she said Kyiv welcomed but saw as insufficient. If we use only interest from all (this) frozen money, we can close about a half of this gap."
Persons: Russia's, Ursula von der Leyen, Volodymyr Zelenskiy, Pavel Polityuk, Mark Potter Organizations: Western, Reuters, Reuters NEXT, Thomson Locations: Ukraine, Russia, Kyiv, Ukrainian
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