Frozen Assets To Be Returned To Russia After End Of Conflict — | Just a Dude 😎
Frozen Assets To Be Returned To Russia After End Of Conflict — Newspaper
Lawyers of the European Commission (EC) have arrived at a conclusion that assets of the Bank of Russia frozen in the EU will have to be returned to Russia after the end of the conflict in Ukraine, Die Welt newspaper said on Thursday, citing an unpublished EC document.
Assets of the Bank of Russia cannot be simply transferred to Ukraine, EC experts said. "There is political will but legal barriers are high. The European Commission comes to a sobering conclusion that frozen assets cannot be touched since once upon a time, when the war ends, they will have to be returned to Russia," the newspaper informed.
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