After a full -scale invasion of Russia into Ukraine, there is a question of how the European Union will be treated with frozen Russian assets, which are about $ 300 billion. Instead of confiscation of these assets and transfer to Ukraine, Europe considers the possibility of dividing only the profit from these assets, with the avoidance of the principal.
Reuters notes that this approach can weaken the pressure west regarding the financing of Ukraine's military efforts, but European officials consider it too risky from a legal point of view. It is expected that about $ 200 billion of frozen Russian assets are located in Europe, mainly at the Belgian Cleric Center of the EuroClear.
There are some doubts among European officials as to whether they will find legitimate reasons for confiscation of these assets . There are also accounting aspects regarding the stability of the euro, as investors can lose confidence in the euro if their assets are confiscated. Moscow's promise is also worried about confiscation of Western assets in Russia, which can be $ 288 billion.
Like the statements of a high-ranking official, European Member States did not agree on the confiscation of the principal amount of Russian assets. This approach, he said, is too complicated.
the EU Member States ," the official said.
The Belgian Clearing Center of the EuroClear manages "significant" assets in Russia, and the confiscation of these assets can affect the financial stability of this center, which will lead to serious consequences.
It is expected that the EU, instead of confiscation of Russian assets, can agree with the proposal of the European Commission to take only the profit received from these assets and not touch the principal.
