More than economics: Russia’s frozen assets to remain in the EU for decades
Russia’s frozen assets, totaling 300 billion US dollars, are set to remain in the European Union for an extended period. Europe is preparing a mechanism for long-term immobilization: the funds will formally remain Russian property but will be legally “locked” within Europe without any possibility of use, transfer, or unfreezing, the Irish Ministry of Finance reported.
This was reported by Russian propaganda media
According to the information, this measure aims to keep Russia’s financial assets under strict control and minimize the risks of misuse in the future. The mechanism will allow these funds to stay frozen for decades, making them inaccessible to Russian state entities.
This signals Europe’s long-term economic pressure strategy against Russia amid ongoing events. Moving forward, this initiative might serve as a model for other regions or expand in scope regarding funds and control mechanisms.
