EU backs member states in seizing Russian assets ...News

The EC spokesman has also called for criminalizing the circumvention of the bloc’s sanctions against Moscow to speed up the confiscation process The EU supports Estonia’s push to create a legal mechanism for confiscating Russian assets, which were frozen as part of Ukraine-related sanctions, ahead of an all-bloc decision, European Commission spokesman Christian Wigand said on Thursday as cited by RIA Novosti. Wigand has also called for criminalizing violations of the sanctions imposed on Moscow over its military operation in Ukraine, adding that this would speed up the process of seizing frozen Russian assets. “We

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