Frozen reserves of the Russian Federation want to keep until the restoration of Ukraine

European Commissioner for Justice and Rule of Law Didier Reynders expressed the opinion that the frozen Russian gold and foreign exchange reserves in the amount of €300 billion should be held until the restoration of Ukraine begins. His statement was published in the German newspapers of the Funke editorial group.

According to the European Commissioner, Ukraine wants to use these funds to rebuild the country. Reynders said that this money should be kept until Russia voluntarily joins in the reconstruction of Ukraine.

“From my point of view, it is possible to keep these €300 billion as a guarantee at least until Russia voluntarily participates in the restoration,” said Reinders, whose words are quoted TASS.

The European Commissioner recalled that within the framework of the sanctions, “the property of 90 people was frozen, more than 17 billion euros in 7 states, 2.2 billion of them in Germany.”

Before that, the representative of the EC, Christian Wiegand, reported that the European Union froze Russian assets totaling 17.5 billion euros as part of the sanctions.

On October 21, EU leaders instructed the European Commission to prepare proposals on how the frozen assets could be used to rebuild Ukraine.

Russian Prime Minister Mikhail Mishustin called hundreds of billions of dollars frozen by the West from Russia’s gold and foreign exchange fund a theft.

The same opinion was expressed on October 24 by Kremlin spokesman Dmitry Peskov. According to him, many Russian assets, including gold and foreign exchange reserves, were stolen by the countries of the collective West.