The issue of russian frozen assets is being actively discussed in Davos

So far, the confiscation of $300 billion of frozen russian state assets has been met with resistance among Western economic and financial elites as something that would undermine confidence in the banking system. These fears have been actively fanned by russian propaganda, but perhaps the threat is being redefined, as there are not many countries with revanchist regimes on the planet that plan to challenge the West and keep money there at the same time.

Instead, in the second year of the war, voters are more likely to ask why they should pay for the war and not the russians, so this idea seems more and more attractive to the White House. We wrote about the White House's support for the idea of confiscating frozen russian assets here. At the same time, such a decision is a bigger challenge for Europe, as the Kremlin kept two-thirds of its assets in the EU.

Currently, White House officials believe that confiscation is possible with the support of the G7. A certain legal framework has been developed for this purpose, but Congress must additionally pass a bill called the REPO Act, which gives the president the authority to seize russian assets in the United States. And to allay the fears of other depositors, the property of the russian federation will be confiscated "for a very specific legal reason."

Source: Informator, CNN