Paris has reportedly opposed tapping money held in French private banks to finance Kiev
Paris does not want to seize frozen Russian state assets held in French private banks, the Financial Times reported on Monday, citing sources.
French officials support the European Commission’s plan for a “reparations loan” for Ukraine but oppose any scheme that would draw on Russian money held at commercial banks, arguing those lenders are bound by different contractual obligations than Euroclear, the outlet said.
Last week, European Commission chief Ursula von der Leyen set out two options to provide Kiev with €90 billion ($105 billion) over the next two…
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