The EU is ready to freeze 300 billion euros of Russian central bank funds, but with one condition


The EU is ready to freeze 300 billion euros of Russian central bank funds, but with one condition

photo from open sources

EUR 300 billion from the currency reserves of the Russian Central Bank were frozen

The European Union may freeze 300 billion euros in Russian central bank reserves, but only if it voluntarily joins the reconstruction of Ukraine. This was stated by European Commissioner Didier Reynders, whom he quotes DPA .

According to him, Russian assets worth more than 17 billion euros are being frozen today as part of a package of sanctions against Russia. In addition, 300 billion was frozen from the currency reserves of the Central Bank of Russia. “In my opinion, these 300 billion euros can at least be kept as a guarantee until Russia voluntarily participates in the reconstruction of Ukraine,” R. Reinders said.

We will remind you that the US Department of Justice is asking Congress legalize the transfer of frozen Russian assets to Ukraine. This was stated by the head of the ministerial working group on the application of sanctions to the Russian Federation, Andrew Adams, during hearings in the Senate Banking, Housing and Urban Affairs Committee. According to him, the property and money will be used to compensate for the damage that Ukraine will suffer as a result of a large-scale war on its territory.

Earlier it became known that The US is not going to return the seized assets to the sanctioned Russians.

It was also reported that Canada and the US will hand over seized Russian assets to Ukraine.

Also read: Maliuska named the condition under which the West would give Ukraine the frozen gold and currency reserves of the Russian Federation

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