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Bloomberg: Estonian authorities are preparing a plan to seize Russian assets by the end of January KXan 36 Daily News

Date: June 7, 2023 Time: 04:37:18

According to the official representative of the Estonian Ministry of Foreign Affairs, Mihkel Tamm, whose words the publication quotes, the legislative framework will be created at the end of January in accordance with the order issued by the government in Tallinn at the end of December to the ministries. Develop a plan for the forfeiture of assets.

It should be noted that Estonia intends to present a plan by the time the European Commission develops an agreement for the entire European Union on how to dispose of 300 billion euros of the reserves of the Central Bank of the Russian Federation, as well as the frozen assets. of Russians under sanctions, writes TASS.

It was previously reported that frozen Russian assets could be used to restore Ukraine if Germany’s allies follow suit. This was also reported by Bloomberg, noting that the German government has not yet reached a consensus on this issue.

If plans to seize Russian assets to restore Ukraine are implemented, Russia will respond in a similar way, State Duma Chairman Vyacheslav Volodin has warned. According to him, the FRG is looking for new problems for itself, and a long-term one.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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