BRUSSELS, Jan 11 — Greece and Malta lag behind their European Union peers in freezing Russian assets sanctioned over Moscow’s war against Ukraine, according to an EU...
BRUSSELS, Jan 11 — Greece and Malta lag behind their European Union peers in freezing Russian assets sanctioned over Moscow’s war against Ukraine, according to an EU official and an internal document, as the bloc considers confiscating the funds to help Kyiv.
Almost every other EU country has frozen millions worth of assets, according to the document from the EU’s executive European Commission, which was seen by Reuters. But the bloc might have already exhausted the limit of hard-hitting economic sanctions the 27 member states are willing to agree and impose, despite regular calls from Russia hawks including Poland to do more.
There is little legal precedent and some member states voice major concerns about ensuing lawsuits, while others say turning the assets over to Ukraine’s benefit would be the right thing to do.
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