The European Union plans to seize frozen Russian assets only if Russia refuses to pay for the reconstruction of Ukraine after the end of hostilities. The publication reports that Stripquoting anonymous sources.
The publication states that the European Union’s negative attitude towards the seizure of Russian assets continues. It was noted that the money would remain blocked until Russia paid compensation to Ukraine after the end of the war.
“The EU wants to seize them only if Russia refuses to finance the reconstruction of Ukraine,” journalists write.
The authors of the article emphasize that the EU sees the seizure of Russian assets as contrary to international law. It is believed that this move could scare off potential foreign investors and encourage Russia to seize Western assets.
Josep Borrell, formerly EU High Representative for Foreign Affairs and Security Policy statedProfits from the Central Bank of Russia’s frozen assets in Europe could be used to solve Ukraine’s defense problems
previously economist appreciated Conditions for the exchange of frozen assets of Russians.