European Commission spokesman Christian Wiegand said the European Union has a legal opinion that allows it to seize frozen Russian assets and redirect them to Ukraine to restore the territory to independence.
Wiegand also drew attention to the fact that the EU is currently discussing what to do with public funds stolen from Russia, for example, belonging to the Central Bank.
“Currently, EU countries are also discussing Russian state-owned fixed assets, especially Central Bank assets. During the discussion, the discussion is about the idea of working with such assets, using the proceeds of them, because we have to respect the laws and cannot simply confiscate these assets,” Wiegand said.
The issue of redirecting assets belonging to Russian citizens, albeit stored abroad, to Ukrainian territory has long been a pressing issue in the Western community.
Previously, Belgium had transferred 200 million euros of Russian assets to Ukraine.
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