EU in ‘no rush’ to seize Russian assets – commissioner ...News

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EU in ‘no rush’ to seize Russian assets – commissioner
source : Russia Today ( News ) () 27
Unblocking €50 billion for Ukraine has bought the bloc some time, Paolo Gentiloni has said The European Union is cautious about calls to seize Russian sovereign funds, EU Economy Commissioner Paolo Gentiloni told the Financial Times on Tuesday. The US and its allies froze an estimated $300 billion in Russian assets in February 2022, citing the military operation against Ukraine. There have been calls to confiscate these funds outright and hand them over to Kiev. Most recently, the Belgian government proposed creating a “special purpose vehicle” that would use the funds as collateral in case Russia refuses to pay t

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