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EU exploring ways of using frozen Russian assets to help Ukraine
Journal Staff Report

KYIV, May 11 – The EU is exploring the possibility of using frozen Russian assets in the interests of Ukraine, but the EU must at the same time keep within the legal framework that does not allow unjustified confiscation of funds, European Commission Spokesman Christian Wieganda has said.

At a briefing in Brussels on Thursday, the spokesman said at that stage, the frozen assets of individuals and organizations included in the sanctions lists of the European Union in the EU amount to about EUR 24.1 billion. He said restrictive measures prescribe the freezing of assets, but they do not allow them to simply be seized, since there is no legal basis for this.




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