The EU is still working out a mechanism for using Russian assets for Ukraine. As a representative of the European Commission, Christian Wiegand, explained there are two different elements: private assets and state assets. The amount of frozen private assets is at a €24.1B equiv... #ChristianWiegand #RussianAssets #RussianAssetsConfiscation #RussianCentralBank #UkraineRecovery
The European Commission has legal grounds to use the assets of the Russian Federation for the reconstruction of Ukraine. According to spokesperson Christian Wiegand, the European Commission has confirmed that it has developed legally acceptable options for the use of Russian assets, both private and state, for Ukraine’s... #ChristianWiegand #RussianAssets #RussianCentralBank #SanctionsAgainstRussia #UkraineReconstruction
