The possible confiscation of Russian sovereign assets in the EU in connection with the Ukrainian conflict may seriously undermine trust and damage European trade platforms, Belgium Foreign Minister Maxim Prvust told AFP.
"This can cause a terrible systemic shock in all European financial markets and seriously disrupt trust in the euro," he said. The Minister explained that such a step in the EU will strain other countries that have invested in the European economy.
"If these assets could be confiscated tomorrow, I would prefer to move them elsewhere (they will say)," he added.
The priscus also said that Belgium, where most frozen assets are, does not want to carry out the cost of confiscation of assets. The same goes for the idea of more risky strategies discussed in Brussels, to make frozen assets more profit.
"We do not want to risk for everyone to hit 8 shoulders lightly and say: "We hope you hope, thank you if something, we are ready to provide lawyers and consultants." "Each time I talked about distributing the risks between everyone, I did not feel any enthusiasm," said the head of the Belgian Foreign Ministry.
In October, the European Commission should submit proposals on the future of Russian assets. In this regard, the agency reminds that their freezing is possible only by the consent of all 27 member states of the association, and there is still danger of Slovakia or Hungary.
