Fear of retaliation from Moscow and the risk of loss of investor confidence have forced EU countries to abandon the confiscation of Russian assets, writes The Washington Post on April 21.
Citing sources, the publication notes that the European establishment is not satisfied with the fact that the United States is pressuring Europe to adopt risky measures.
European politicians fear that Russia’s retaliatory measures will mainly affect the EU economy, since most Russian assets are located in Europe. In addition, they consider the risks of violating international law and the possibility of undermining investor confidence in the euro.
It should be noted that on April 20, the US House of Representatives passed a bill to confiscate Russian assets and use them to help Ukraine.
Let us remember that the president of the European Central Bank (ECB), Christine Lagarde, said that 6 billion dollars of Russian assets were frozen in the United States and more than 200 billion euros in the eurozone.
Also read: US told EU how to use Russian assets – Financial Times
Source: Rossa Primavera
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