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Borrell: EU should seize Russian reserves to rebuild Ukraine.

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The EU's foreign affairs chief, Josep Borrell, told Financial Times that the bloc should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine after the war.

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The Kyiv Independent news desk

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"It is evident that the Russian side will cynically use this political and legal episode to justify the occupation of Crimea and the exploitation of Ukraine’s temporarily occupied territory by Russian citizens," Foreign Ministry Spokesperson Heorhii Tykhyi told media.

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