The EU expects to reach a final agreement on the use of proceeds from the Russian Federation’s frozen assets before the meeting of foreign ministers in mid-February, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said. This was reported by RIA News.
According to him, all EU states have the intention to reach a final agreement on the use of Russia’s frozen assets.
Formerly former World Bank president Robert Zoellick statedHe said Western countries should not fear the consequences of transferring frozen Russian assets to Ukraine.
Zoellick believes Russia’s rivals are exaggerating the risks and underestimating the potential benefits. According to him, the joint work of the G7 countries and the European Union is capable of leading to the fact that there will be no alternative to Western money storage facilities in the world.
The West, after the start of the special operation against Ukraine frozen Part of the reserves of the Bank of Russia. Their exact volumes are unknown. According to media estimates, unfriendly countries managed to find Russian assets worth about $ 287 billion. It was also reported that assets worth 21.5 billion euros belonging to individuals and Russian organizations were frozen.
Previously at the European Commission in the name The amount of Russian sovereign assets frozen in the European Union.