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Posts published by “Beatrix Montgomery”

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IMF Welcomes EU Talks on Frozen Russian Assets for Ukraine

( KYIV, UKRAINE ) – The International Monetary Fund has welcomed ongoing discussions in Europe regarding the use of frozen Russian assets to support Ukraine, while emphasising that any actions must comply with international law and avoid disrupting the global financial system. IMF spokesperson Julie Kozack told reporters on December 4 that the Fund supports active European talks aimed at restoring Ukraine’s debt sustainability. She noted that options under consideration include using cash balances held in Belgium’s financial depository Euroclear,…

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