EU won’t seize Russia’s assets – Reuters ...News

The bloc stands to lose far more than the US if Moscow retaliates The European Union is “unlikely” to confiscate the Russian Central Bank funds that are currently frozen due to Ukraine-related sanctions, Reuters reported on Tuesday. There is no agreement among the members for the risky move, senior bloc officials told the agency. The US and its allies froze an estimated $300 billion of Russian state assets in 2022, citing the Ukraine conflict. Kiev has repeatedly called for the West to seize the funds and hand them over to Ukraine, even more so in recent months as financial and military aid from Washington and Br

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