Europeans move towards seizing €200bn of Russian assets

 French discuss proposal for Kremlin to lose securities if it breaches a future ceasefire

 France and Germany, long opposed to a full-blown seizure of the assets held in the EU, are discussing with the UK and other countries ways in which they could be used.

Key capitals, including Berlin, Paris and Brussels, have previously pushed back because of concerns that seizing state property would set a precedent under international law.

The European Central Bank was also worried that the euro’s status as a safe option for foreign reserves would be put at risk. 

Most of the assets are denominated in euros.

Financial Times 3 mars 2025

https://www.ft.com/content/6536f4c4-42ce-4d8e-a063-5b7f708e7303


Svenska diplomater understryker dock att internationell rätt måste följas – och det är bland annat den som är kruxet.

https://englundmacro.blogspot.com/2025/03/svenska-diplomater-understryker-dock.html





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