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The Guardian - UK
The Guardian - UK
World
Phillip Inman

Ukraine must urgently be given the €300bn of frozen Russian assets

Women and men wave Ukrainian flags and hold placards
Ukrainians in front of Euroclear’s HQ in Saint-Josse-ten-Noode, Belgium, campaign for western nations to seize the assets of Russia’s central bank. Photograph: Thierry Monasse/Getty

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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