Not long ago, the head of the US Department of the Treasury, Janet Yellen, informed that Washington is unlikely to be able to confiscate the assets of the Russian Federation if, like the G7 states (Great Britain, Germany, Italy, Canada, France, Japan, the USA), and the member countries of the European Union will not show active support for such actions.
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About , why the German government at this stage categorically denies the possibility of confiscating the frozen assets of the aggressor country and the subsequent redirection of these funds for reconstruction and military assistance to Ukraine, writes NBN, citing material from The Wall Street Journal.
As the sources of the American publication learned, Berlin insists on several points, and one of them is that these funds must be kept inviolable, so that this money can then be used as a “lever of pressure” on Moscow during the period of the potential negotiations regarding not only the end of the war, but also the full return of the occupied territories of Ukraine.
Another factor explaining Germany's refusal to seize Russian assets is the desire to protect German companies that continue to work for territory of a terrorist state, from a retaliatory “symmetrical” confiscation.
The third reason is the likelihood of the formation of a legal precedent, and, accordingly, the increased risk of provoking new lawsuits against Germany for crimes during the Second World War.
We previously wrote about how Scholz answered whether Germany’s position on the issue of transferring Taurus to Ukraine has changed.