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"NEW: The EU has drafted legislation to tap the profits generated by frozen Russian Central Bank assets.

The funds, which would be used for weapons and to boost Ukraine's defence industry, could start reaching Kyiv as early as July www.bloomberg.com/news/article..."

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title:

"EU Drafts Law to Send Russian Central Bank Profits to Ukraine"

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"The European Union has prepared legislation that would see Ukraine start to receive profits generated by frozen Russian sovereign assets as early as July."

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createdAt:

"2024-03-18T19:20:46.991Z"