by Ahmed Adel, Cairo-based geopolitics and political economy researcher The Spanish proposal to give Kiev the benefits of Russian assets frozen in the EU generates confusion about their amount and creates doubt about its legality and presumed risks to financial stability. In addition, the EU will ruin its image as a destination for foreign assets if it continues this pursuit to finance Kiev with Russian assets. At the end of October, Ursula von der Leyen said that the European Commission is still working on a proposal to seize the profits derived from Russian state assets frozen in the EU and transfer […]
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