Major EU member states such as France, Germany, Italy and Belgium believe that more caution should be exercised in accelerating agreement on a plan for the use of proceeds from blocked Russian assets. writes about this Bloombergquoting knowledgeable sources.
“Major EU states are cautious about profiting from Russian assets and advocate a gradual approach,” the document states.
According to the publication, European countries, led by France, have offered to narrow down options by the end of this year to choose a legitimate option for using profits from Russian assets without threatening the financial stability of the bloc.
According to the European Commission, around 200 billion euros of assets of the Bank of Russia and around 24 billion euros of private financial assets are currently frozen in the EU.
Before that, State Duma Speaker Vyacheslav Volodin statedRussia has “moral and legal grounds” to take steps regarding the presence of G7 countries on its territory. In his opinion, the intention to “steal” the funds of the Russian Federation is a crime that should be considered internationally.
Former Russian Ambassador accused France is under Russophobic policies due to asset freezing.