The assets of the Russian Central Bank frozen in the European Union must be returned at the end of the conflict in Ukraine. The European Commission has come to this conclusion, reports Die Welt.
EU countries would like to take Russian money into their own hands and give it to Ukraine, but this process faces many legal obstacles, writes the publication, which was in possession of an unpublished document from the THIS. It is impossible to spend the frozen assets of the Central Bank of the Russian Federation, because after the end of the conflict in Ukraine they will have to be returned.
However, I also do not want to leave Russian money idle, because the EC offers to invest it in government bonds of European countries, which will allow to receive an annual income of 2.5%. They believe that such an “exceptional measure” is legally possible, given the Russian Federation’s “flagrant violations” of international law.
After the start of the special operation, the European Union froze about 300 billion euros from the Russian reserve. The authorities in Kiev immediately saw these funds and demanded that they be allocated to the restoration of Ukraine.
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