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Wednesday, January 15, 2025

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Die Welt: The EC has admitted that the frozen assets of the Russian Federation will have to be returned

The European Commission (EC) has decided that the frozen assets of the Central Bank (CB) of Russia in the countries of the European Union (EU) must be returned at the end of a special military operation in Ukraine. This is reported by German newspaper Die Welt , citing an unpublished EC document.

The publication notes that the assets of the Central Bank of the Russian Federation will not be easy to transfer to Ukraine due to a number of legal obstacles. The document emphasizes that the EC will not spend Russian assets, because at the end of the special operation they will have to be returned to Moscow.

In this regard, the EC has put forward the idea of ​​investing the frozen assets of the Russian Federation in European government bonds and using the interest to pay Kiev. As a result, the annual income can reach the level of 2.6%. At the same time, the EU legal service has not found an answer to the question of what to do if the EU is faced with the loss of the money invested.

Earlier, Estonia announced its intention to legally justify the transfer of frozen assets from Russia to Ukraine.

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Russia Desk
Russia Desk
The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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