IMF weighs possibility of confiscating Russian assets ...News

Russia Today - Economy
IMF weighs possibility of confiscating Russian assets
Any decisions on the funds should be backed with “sufficient legal support” to avert future risks, according to a spokesperson Any steps towards seizing Russia’s frozen reserves should be backed by “sufficient legal support,” IMF spokesperson Julie Kozack said at a regular briefing on Thursday. The EU and other G7 nations have blocked an estimated $300 billion in assets belonging to the Russian central bank since the start of the Ukraine conflict in 2022. Of that amount, €196.6 billion ($211 billion) is being held by the Belgium-based clearinghouse Euroclear, which last year accumulated nearly €4.4 billion in inte

Hence then, the article about imf weighs possibility of confiscating russian assets was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( IMF weighs possibility of confiscating Russian assets )

Apple Storegoogle play

Last updated :

Also on site :



Latest News