On 21 May 2024, the Council of the EU approved what amounts to a levy on the proceeds from immobilized Russian assets. This will primarily be used to support Ukraine's military activities in its war with Russia.
---
Extraordinary revenues generated by immobilised Russian assets: Council greenlights the use of net windfall profits to support Ukraine's self-defence and reconstruction
In the light of Russia's continued war of aggression against Ukraine, the Council today adopted a set of le…