Frozen Russian Assets

Is freezing Russian assets abroad and potentially using them for Ukraine’s reconstruction the right course of action?

The freezing of Russian assets abroad and the idea of using them for Ukraine’s reconstruction have stirred strong emotions in politics and economics. Supporters argue it is a moral obligation toward the victims of the war and a way for Russia to pay for the destruction it caused. Opponents warn, however, that such actions could open Pandora’s box – if Russia’s property can be seized today, other countries that fall out of favor with the West could face the same tomorrow. Some even call it a hidden form of economic warfare, while others see it as a prelude to a global redistribution of elite wealth. Is this the beginning of a new financial order or a step toward chaos?


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