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EU to Gain Billions from Frozen Russian Assets
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The EU anticipates generating 15-20 billion euros from frozen Russian assets by 2027, aiming to allocate a significant portion to Kyiv while safeguarding against potential retaliation. Euroclear faces risks of claims from multiple entities, prompting the EU to propose profit distribution and create a safety buffer for Ukraine. Belgium expects 1.7 billion euros in tax revenue from Euroclear, part of which will support Kyiv.
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How could the claims risks on Euroclear's Russian assets affect broader financial markets?
How might the allocation of frozen assets impact Ukraine's economic recovery?
What strategies could the EU employ to safeguard against potential Russian retaliation?
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