March 21, 2025
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UKRAINIAN NEWS

EU will not confiscate frozen Russian assets – DW

The European Union has stopped discussing the confiscation of frozen Russian assets.

About it writes DW with reference to the conclusions of the EU summit of March 20.

“According to EU legislation, Russian assets should remain without motion until Russia ceases its aggressive war against Ukraine and compensates for its war on this war,” the document reads, the newspaper reports.

Several EU countries have opposed the confiscation of more than 200 billion euros of sovereign Russian assets, DW said.

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They argued their position with the rules of European legislation, the risk of creating a dangerous precedent for the competitiveness of the European financial market, the need to maintain Ukraine with the expense of interest from these funds, as well as the fact that this amount is an important lever of influencing Russia in possible peace talks.

At the same time, the EU is ready to continue to increase pressure on Russia, in particular by imposing additional sanctions and increasing control over compliance with applicable restrictions to weaken its ability to wage the war against Ukraine, the document is said.

Recall:

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On March 18, the United Kingdom and the EU began to confiscate frozen Russian assets to increase pressure on the Russian Federation on the eve of possible peace talks to end the war against Ukraine.

On March 12, the National Assembly of France had to consider a resolution calling for Russian assets in favor of Ukraine.

”, – WRITE: epravda.com.ua

The European Union has stopped discussing the confiscation of frozen Russian assets.

About it writes DW with reference to the conclusions of the EU summit of March 20.

“According to EU legislation, Russian assets should remain without motion until Russia ceases its aggressive war against Ukraine and compensates for its war on this war,” the document reads, the newspaper reports.

Several EU countries have opposed the confiscation of more than 200 billion euros of sovereign Russian assets, DW said.

Advertising:

They argued their position with the rules of European legislation, the risk of creating a dangerous precedent for the competitiveness of the European financial market, the need to maintain Ukraine with the expense of interest from these funds, as well as the fact that this amount is an important lever of influencing Russia in possible peace talks.

At the same time, the EU is ready to continue to increase pressure on Russia, in particular by imposing additional sanctions and increasing control over compliance with applicable restrictions to weaken its ability to wage the war against Ukraine, the document is said.

Recall:

Advertising:

On March 18, the United Kingdom and the EU began to confiscate frozen Russian assets to increase pressure on the Russian Federation on the eve of possible peace talks to end the war against Ukraine.

On March 12, the National Assembly of France had to consider a resolution calling for Russian assets in favor of Ukraine.

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