The European Commission proposed creating a fund from frozen Russian assets to compensate for damage to Ukraine

The European Commission proposed a plan for confiscating frozen assets of Russia to compensate for the damage caused by it to Ukraine.

According to the chairman of the European Commission Ursula von der Lyain, € 300 billion reserves of the Central Bank of Russia and € 19 billion of Russian oligarchs were frozen in Europe. She stated that in the short term, the EU and his partners will be able to manage these funds. In addition, the EU proposes to create a specialized court with the support of the UN to investigate Russian war crimes and the further persecution of the guilty.

At the moment, the European Commission is developing the ninth package of sanctions against Russia. Bloomberg previously wrote about the EU plans to arrest the frozen assets of Russia to help Ukraine. According to the publication, the EU also intends to introduce secondary restrictions against individuals and legal entities that helped with suction persons in the bypass of prohibitions.