6/26/2023

Germany spoken out against the EU plan to use frozen Russian central bank assets to restore Ukraine

 Germany spoken out against the EU plan to use frozen Russian central bank assets to restore Ukraine.

Berlin and other capitals fear the legal and financial implications,"

The European Commission is developing a draft decision that will require financial institutions that own frozen Russian assets to transfer part of the profits and use it to restore Ukraine.

The European Central Bank, Berlin, and other unnamed capitals "called for further reflection on these ideas" because "the legal risks are too high."

"It opens a can of worms," a German official describes the European Commission's plan.

He believes that this will set a precedent for the same Poland, which demands reparations from Germany in WWII

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Yes, As future  Germany's affiliation with the Brics countries, this is not possible :)


 

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