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2min chapter
Ukraine war: Economic fallout
Business Daily
Russian Federation Is Committing War Crimes in Europe
The vast majority of these assets are federal bank reserves, so it means 300 billion euros plus. The problem is that currently in most EU member states, any way seizing foreign assets is only legal when there is a criminal conviction. There is no criminal conviction in most of this money. But we have to take into consideration the war itself is against a very basis of international law system. Now Russian Federation is committing an unprecedented atrocities in European soil. This is a genocidal type of war and it needs to be also clearly responded by international community.
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