The EU has devised a plan that will enable the extraction of extraordinary revenue from frozen Russian assets and allocate them to the needs of Ukraine, according to the head of EU diplomacy, Josep Borrell. He mentioned that in the EU, assets of the Central Bank of Russia were frozen after the start of the war in Ukraine. Now, these assets are managed by central securities depositories and they generate extraordinary profits, as the interest rate has significantly increased. According to Borrell, the EU has found a legal basis to extract these revenues and allocate them to the needs of Ukraine…