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Al Jazeera
Al Jazeera
World
John T Psaropoulos

‘New ground is being broken’: EU seizes Russian profits for Ukraine

A woman visits the Memory Wall of Fallen Defenders of Ukraine as Ukrainians mark Day of Heroes, amid Russia's attack on Ukraine, in Kyiv [Gleb Garanich/Reuters]

A landmark EU decision this week to send Ukraine the interest earned by hundreds of billions of dollars in Russian central bank accounts on its territory is adding urgency to a debate over what will happen to those accounts.

The difference between the two sums is enormous.

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