Germany Opposes Use of Russian Frozen Asse...

Germany Opposes Use of Russian Frozen Assets for Ukraine's Rebuilding

Germany has opposed plans of the European Union to use the Bank of Russia's frozen…

Sputnik International

MOSCOW (Sputnik) – Germany has opposed plans of the European Union to use the Bank of Russia’s frozen assets for Ukraine’s reconstruction and called for considering other options due to concerns that the decision could result in legal and financial challenges, the British news outlet reported on Monday, citing sources.

The report said that some members of the German government believed the plan would fail to gain enough support for realization since the legal threats were “too high.”

Berlin has been doing “everything it legally can” to identify and freeze the assets of sanctioned Russian citizens and entities, but Brussels’s intention to use the funds for rebuilding of Ukrainian economy and infrastructure have raised “complex financial and legal questions,” the newspaper reported.

Germany Opposes Use of Russian Frozen Assets for Ukraine’s Rebuilding

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