[The chives of Russia are being cut]
On May 2, according to sources from Reuters, Europe will transfer 3 billion euros of frozen Russian assets to Western investors who have suffered economic losses in Russia.
The report stated that after Moscow confiscated billions of dollars of funds deposited by investors in Russia in the past few months, this money will be used to compensate Western investors.
Reuters pointed out that at the end of last year, the EU changed its sanctions model, allowing funds to be paid to Western investors in similar situations. Prior to this, the interest generated by frozen Russian assets was used to support Ukraine.
The Belgian clearing institution Euroclear notified customers of upcoming payments in a document on April 1, and Reuters obtained this document. "We have received permission from the competent authorities to unfreeze compensation payments and provide them to our clients."
The agency was unable to determine the identities of the Russian owners of the assets to be confiscated. The Belgian government declined to comment, and the Russian Ministry of Finance did not respond to Reuters' request for comment. Previously, Putin called the attempt by Western countries to confiscate frozen Russian assets theft.
Original article: https://www.toutiao.com/article/1831094026435584/
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