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EU Officials Mull Using Sanctioned Russians’ Assets for Ukraine

  • Proposal is at early stage and no decision has been taken
  • Commission president hasn’t asked for plan, spokesman says
A man walks amid debris in front of a residential apartment complex that was heavily damaged by a Russian attack in Kyiv on March 18.

A man walks amid debris in front of a residential apartment complex that was heavily damaged by a Russian attack in Kyiv on March 18.

Photographer: Chris McGrath/Getty Images

European Union officials are discussing the possibility of using the assets of sanctioned Russian tycoons to help fund Ukraine’s war recovery efforts, according to three people familiar with the matter.

The idea is at a very early stage and no decision has been taken, the people said. One possibility would be to use the assets to fund war reparations, the people added. Any decision over how to handle the assets would ultimately need to be made by member states.