Germany is unlikely to confiscate russian assets

The German leadership is unlikely to confiscate russian assets in the country because of the possibility of mirror steps, said Stefan Meister, an expert at the German Council on Foreign Relations (DGAP).

The expert admitted that the topic is increasingly being discussed in Germany, and certain people call for the confiscation of russian assets. However, he believes that since this issue concerns property aspects and will have legal consequences beyond the borders of one state, the German Chancellor will be against it.

"Chancellor Olaf Scholz, as a person with an economic background and a former finance minister, is very skeptical of such decisions. Germany is likely to block such a decision also because the russians could then take action against German assets, and they are definitely ready for that," explained Master.

He doubts that even if this option is discussed in Germany, the supporters of this approach will win.

Mr. Meister is also skeptical that the United States, where such a possibility is currently being discussed, will actually take such steps.

Source: Ukrinform