FT: Kyiv will not receive profit for 2023 from Russian assets frozen in Europe. The EU currently does not have a legislative framework for this.
“This means that Euroclear's 2023 revenue of €4.4 billion will likely not be reserved for Ukraine,” the publication writes. On January 30, European Commission representative Christian Wigand said that the EC does not yet have a mechanism for transferring income from frozen Russian assets to Kyiv. The Russian Foreign Ministry noted that Moscow will respond to any attempts by Western countries to confiscate Russian real estate and assets.