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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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Such actions are "not indicative of a broader shift in the U.S. Russia policy," a U.S. Treasury spokesperson told the Kyiv Independent, adding that OFAC regularly updates its sanctions list by adding or removing individuals and entities.

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