The European Union has stopped discussing the confiscation of frozen russian assets
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20 Mar 2025
"According to EU law, russian assets should remain frozen until russia ends its aggressive war against Ukraine and compensates it for the damage caused by this war," the document says.
Several EU countries opposed the confiscation of more than 200 billion euros of sovereign russian assets.
They argued their position with the norms of European law, the risk of setting a dangerous precedent for the competitiveness of the European financial market, the need to support Ukraine with interest on these funds, and the fact that this amount is an important lever of influence on russia in possible peace negotiations.
At the same time, the EU is ready to further increase pressure on russia, in particular by introducing additional sanctions and strengthening control over compliance with existing restrictions, in order to weaken its ability to wage war against Ukraine, the document says.
Source: epravda