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Brussels wants to confiscate frozen Russian assets to rebuild Ukraine

Summary by Ground News

European Commission proposes to confiscate assets of Russian oligarchs seized under sanctions. The money would be used to finance post-war reconstruction in Ukraine. The proposal is set to raise a plethora of legal questions. EU countries have already seized and frozen almost €10 billion in physical assets.

2 Articles

2 Articles

Brussels wants to use Russian goods to rebuild Ukraine

The European Commission asks to criminalize the circumvention of sanctions in order to confiscate oligarchs throughout the European Union

4 years ago·Barcelona, Spain

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Brussels wants to confiscate frozen Russian assets to rebuild Ukraine

Member states will have to adapt their domestic legislation to enable the confiscation of yachts and houses. #EuropeNews

4 years ago·Lyon, France

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Euronews broke the news in Lyon, France 4 years ago on Wednesday, May 25, 2022.

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Stories disproportionately reported by the Left or the Right

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