Germany ‘open’ to seizing frozen Russian assets

Germany ‘open’ to seizing frozen Russian assets – Bloomberg ...News

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Berlin would reportedly support the confiscation if its allies follow suit Germany is open to using the assets of the Russian central bank that were frozen last year as a result of sanctions to finance the reconstruction of Ukraine, Bloomberg reported on Tuesday. The German government is in favor of using the funds in Ukraine. However, no official position on the matter has yet been taken, as members of cabinet are divided on the issue, Bloomberg writes, citing people familiar with the discussions. The EU and its G7 allies froze some €300 billion ($311 billion) in reserves belonging to the Russian central bank, al

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Last updated : 03 January 2023 clock 06:28 PM

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Germany ‘open’ to seizing frozen Russian assets – Bloomberg ...News

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