Breakingviews: Reparation bonds could unlock $300 billion for Ukraine
LONDON, Jan 15 (Reuters Breakingviews) - Ukraine needs cash to keep defending itself against Russian aggression. The United States and European Union are struggling to keep writing cheques to the country. They’re also reluctant to hand over $300 billion of Russian central bank reserves, which Western governments froze at the start of the war.
Here is a proposal for a fallback plan. Kyiv could raise money by selling bonds backed by future claims for war damages against Moscow.
