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Explainer: Why Russia's frozen assets are Europe's hot topic once again

BRUSSELS, Belgium — Months after the idea was thought to have been laid to rest, some EU capitals are reviving the push to use 200 billion euros ($233 billion) in Russian assets, frozen in the bloc since 2022, to support Ukraine. The bloc's 27 countries are straining under the financial burden of bankrolling Ukraine, essentially on their own, while Kyiv is facing a massive budget hole amid Russia's unabating aggression. Meanwhile, the Russian threat has been forcing Europe to divert funds from

'We will sow' — Odesa farmers defiant in face of relentless Russian assaults

ODESA OBLAST — Volodymyr Varbanets sinks his hands into a mound of wheat, letting the golden kernels slip between his fingers. This year brought an unusually good harvest, the best since the beginning of Russia's full-scale invasion, he says. Behind him, hundreds of metric tons of wheat, barley, lentils, and peas fill the farm's warehouses. "But we cannot sell it," he sighs. For more than 20 years, Varbanets has worked this land, sowing and harvesting crops across 206 hectares. At 76, he stil

About Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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