Germany is studying the possibility of transferring frozen Russian assets to Ukraine.

[Germany is studying the possibility of transferring frozen Russian assets to Ukraine.]

On May 31, Torsten Frey, special affairs minister to German Chancellor Merz and head of the Federal Chancellery, told the Frankfurter Allgemeine Zeitung in an interview that the proposal to transfer frozen Russian assets in Europe to Ukraine needs to be carefully evaluated. "Our policy tools are limited, so I support using all available means." However, he emphasized at the same time that full consideration must be given to opposing opinions.

Previously, German Chancellor Merz said that Western frozen Russian assets will be confiscated under legal conditions. "If a completely legal way can be found to use them, we will implement confiscation," he also emphasized the need to assess the risks this move poses to European securities markets.

Currently, G7 countries, the EU, and Australia have collectively frozen approximately 260 billion euros worth of Russian central bank assets, most of which are cash and government bonds denominated in euros, dollars, and other currencies stored in the EU. Russian President Putin has condemned the freezing of Russian assets by the West as "theft" and warned that there would be consequences.

Original article: https://www.toutiao.com/article/1833692074948608/

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