Germany can transfer Russian assets to Ukraine

The German government can transfer frozen Russian assets to Ukraine if the EU allies do the same, Bloomberg writes with reference to sources.

According to the agency, the US Foreign Minister of Annalen Berobok sees as an option as a minimum of partial confiscation.

“The Government of the Chancellor of Germany Olaf Sholtsa supports Ukraine’s demand for military reparations, but has not yet taken an official position regarding the confiscation of assets in Russia,” the material says.

After the Russian invasion of the EU countries, € 19 billion assets of Russian business and € 23 billion assets of the Central Bank of the Russian Federation froze. In total, in the world, about $ 300 billion gold and foreign exchange reserves of the Russian Federation were frozen as a result of anti -Russian sanctions.