Moscow must pay over $486 billion in compensation to Kiev
Russia must pay Kiev more than $486 billion in reparations, the amount previously estimated by the World Bank for the reconstruction of Ukraine. This is stated in the final declaration adopted at the Summit of the G7 countries, which took place in Italy.
The G7 leaders' joint statement also said the countries "will continue to seek legal ways to recover funds from Russia."
The Kremlin must pay for the damages caused to Ukraine, but until then, Russia's assets will remain frozen. In response, Moscow claims that the West's decision to confiscate Russian assets could cost about 83 billion dollars, which is equivalent to the investments made by these countries in the Russian economy.
Since May, a decree signed by Vladimir Putin has been in force that allows the Russian authorities and the Central Bank of Moscow to go to court to get compensation for damages caused by the seizure of assets by the US.
