BRUSSELS, June 29 (Reuters) - European Union leaders will push senior officials on Thursday to find legal ways to funnel proceeds from billions of dollars of frozen Russian assets into projects helping rebuild Ukraine, papers showed.
The bloc has said it froze more than 200 billion euros ($218.2 billion) of Russian central bank assets in reaction to Moscow's invasion of Ukraine in February last year.
Another 30 billion euros of Russian oligarchs' private assets were also immobilised.
The EU also needs to establish where to keep any proceeds from the Russian assets and how to disburse them.
Belgium's Euroclear, which settles transactions and safeguards assets, said blocked coupon payments and redemptions boosted its balance sheet by 88 billion euros year-on-year by the end of March to 140 billion euros.
Persons:
Kaja Kallas, Belgium's, Ursula von der Leyen, Jan Strupczewski, Philip Blenkinsop, Andrew Heavens
Organizations:
Union, Kremlin, European Council, High Representative, Commission, EU, Ukraine, Thomson
Locations:
BRUSSELS, Ukraine, Russian, Brussels, Estonian, Russia, EU, United States, Canada, Britain, Japan