Brussels reportedly wants to pass legislation to block Hungary’s veto in order to immobilize Moscow’s funds indefinitely
The EU is planning to fast-track legislation which would indefinitely freeze Russian assets in an effort to prevent Hungarian Prime Minister Viktor Orban from vetoing the measure at the upcoming EU summit, the Financial Times has reported, citing officials familiar with the plans.
The asset freeze, imposed as part of sanctions launched against Moscow in response to the Ukraine conflict, is prolonged by the EU each time the measures are renewed, which requires unanimous approval. The bloc hopes to use the funds to back a…
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