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HomeWorldThe EU will create...
February 14, 2023

The EU will create a special working group to confiscate Russian assets

By David
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    The European Union will create a task force to analyze the use of frozen Russian assets to help Ukraine.

    The group’s mandate will be to determine how much funds, in particular from the Central Bank of Russia, are frozen in the EU and how to access them legally, Swedish Prime Minister Ulf Kristersson told Reuters.

    The group will be led by Anders Anlid, chairman of the Swedish National Board of Trade. Its creation should be announced on February 15.

    We are talking about frozen assets in the amount of about 300 billion euros.

    Earlier, Rakurs reported that the European Union had drawn up a plan on how to legally attract at least 33.8 billion euros of frozen assets of the Central Bank of the Russian Federation in order to pay for the restoration of Ukraine. As a first step, frozen assets can be pooled at a European or international level for profit.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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