02.01.2023, Moscow.
The USA intends to sell the confiscation of frozen Russian assets by giving all reputational costs to the European Union, according to the report from the theater of war, published in The Essence of Time newspaper, issue 566.
The US authorities proposed to the G7 countries a mechanism for transferring Russia’s blocked assets to Ukraine. According to the Financial Times, the USA did not publicly support the confiscation of Russian assets, but made a similar proposal in private.
“The US accounts for no more than $5 billion of Russia’s total frozen assets, while the EU accounts for more than €210 billion. ECB officials already warned of huge reputational risks to the euro if Russian assets are used in this way.
If the USA forces Europe to confiscate Russian assets and their use through the World Bank, the money will be withdrawn through Washington-controlled mechanisms like Euroclear, and Brussels will incur reputational costs.
A special ‘thank you’ to those in Russia, who achieved the opening of Euroclear’s access to Russia’s National Settlement Depository in October 2012,” The Essence of Time editorial reads.
Source: Rossa Primavera News Agency
