The European Union was warned against action regarding frozen Russian assets
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The European Union (EU) is still looking for “legal grounds” to send them to Ukraine. However, if this decision is implemented, there will be an outflow of capital, as well as the flight of foreign investors.
In total, the EU blocked about $300 billion of Russian assets.
At the same time, the West has allegedly already found “legal grounds” for transferring all the frozen assets of the Central Bank of Russia to Kyiv. The corresponding document has already been prepared by the EU. Some lawyers warn that it is possible that the EU will then be forced to give everything to Moscow.
In its turn. The Financial Times reported that the possible confiscation of Russian assets could result in “unpredictable economic consequences.” It is believed that in the event of such a decision, many Central Banks may abandon euro assets.
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