Browsing: russian assets

Saudi Arabia and Indonesia have reportedly been raising concerns over their own reserves held in the West The confiscation of…

Russia could downgrade relations with the US if its assets are confiscated, the deputy foreign minister has warned

A court ruling supported the lawsuit filed by state bank VTB, which seeks to recover funds blocked under Western sanctions

The confiscation of Moscow’s frozen funds could undermine international order, the head of the European Central Bank warns

Any decisions on the funds should be backed with “sufficient legal support”, according to a spokesperson

Russian Foreign Minister specified that the discussed option of confiscating only proceeds from Russian assets seized in the West, if implemented, would still be theft

Western allies are looking for “viable” options to expropriate the funds, US Treasury Secretary Yellen has said

France and Germany have warned that outright confiscation would reflect badly on the West’s financial system

“In addition, CSDs shall be prohibited from disposing of the ensuing net profits,” the document reads BRUSSELS, February 12. /TASS/.…

The EU’s plan to seize the profits from frozen Russian assets and hand them over to Ukraine would be a gross violation of international law, the Foreign Ministry in Moscow has told RIA Novosti.