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BackMagdalena Andersson called on the EU to take away Russian assets

Magdalena Andersson called on the EU to take away Russian assets

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РИА Новости41 minutes agoPolitics1 min readRussia

Magdalena Andersson called on the EU to take away Russian assets

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The leader of the Swedish Social Democrats, Magdalena Andersson, called on the European Union to confiscate frozen Russian assets.
It also asked Belgium to resolve legal obstacles to withdrawal of funds from the depository in its jurisdiction.

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Why It Matters

Western countries froze Russian assets after the outbreak of the conflict in Ukraine. Moscow considers these actions illegal and threatens retaliatory measures.

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The European Union must confiscate Russian frozen assets, says the leader of the Swedish Social Democrats and the opposition left bloc that won the elections, Magdalena Andersson.

“Take them, use them,” Politico quotes her as saying.

She also responded to Belgium's concerns about the seizure of assets from a depository under its jurisdiction and called on the country to resolve legal issues.

Euractiv reported on September 10 that more than 120 members of the European Parliament from various political groups supporting Brussels' pro-Ukrainian policies are increasing pressure on the EU leadership to resume discussions on confiscating frozen Russian sovereign assets to finance Ukraine.

Moscow has repeatedly called the freezing of Russian assets in Europe illegal. Foreign Minister Sergei Lavrov stated that Russia will respond if its frozen assets are confiscated by the West.

Open Questions

What legal mechanisms will the EU offer for withdrawal?
What will be Russia's concrete response to the confiscation?

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This article was originally published by РИА Новости.