Using frozen Russian assets to help Ukraine
In de media image: Lukasz Radziejewski via Unsplash
The European Union is considering ways to use frozen Russian assets to support Ukraine. Joris Larik, associate professor European and international law, addresses the matter in an interview with Al Jazeera.
This concerns in particular sovereign assets held in Belgium. In an interview for Al Jazeera, Larik notes the differences between outright confiscation and the ways to use the funds as proposed by the EU.
Larik stresses that there are various ways to limit the risks for Belgium and the EU. Moreover, he notes the need to see this approach as a form of countermeasures to respond to the blatantly illegal Russian war of aggression against Ukraine.