US EditionThis Is the Momentum for Europe to Act: Seize Russian Assets
7 Articles
7 Articles
This is the momentum for Europe to act: seize Russian assets
About the author: Margus Tsahkna is Estonia’s foreign minister. If Europe truly wants to be a real player in the geopolitical arena and to shape its own security and future, it must match strong words with decisive action. Europe has one powerful lever in its hands right now: Russia’s frozen assets. It’s time to use them. Around 210 billion euros ($246 billion) in Russian central bank assets are sitting frozen in Europe for one reason: Russia ch…
Ukrainian Foreign Minister Andriy Sibiga reacted to Hungarian Prime Minister Viktor Orban's outrage over the EU decision on Russian assets.
Costa on ban on transfer of Russian assets: leaders have fulfilled their commitment to keep Russian assets frozen
President of the European Council António Costa stated that by adopting a decision to ban the transfer of assets of the Russian Central Bank, the European Union has fulfilled its commitment to keep Russian assets frozen.
EU countries voted that frozen Russian assets would remain frozen indefinitely. This means that when the European Council votes every 6 months on the continuation of European sanctions against Russia (as it has been doing so far), the frozen assets of the Russian central bank will not be affected. They will remain frozen, even if an EU country vetoes the extension of sanctions. The European Union should play the Russian assets card Only Hungary…
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