As a result of sanctions imposed by the West over Russia's actions in Ukraine, more than 3.5 million Russians have frozen assets abroad worth around 1.5 trillion rubles ($16.3 billion).

Using Moscow’s immobilised holdings in Belgium to bolster Ukraine’s economy and defence is both legal and necessary ...

Citi Clients in Russia Receiving Some Frozen Funds, Russian Lawyers Say. More. Reuters. FILE PHOTO: A Citi bank building is seen at Canary Wharf in London, Britain, 19 October, 2016.

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

Analysts across Europe fear the war could become what's called a frozen conflict, where Russia retains some Ukrainian territory and there is no lasting peace. NPR's Frank Langfitt reports from Kyiv.