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G7 agrees on transfer of $50 billion in profits from frozen Russian assets to Ukraine
(kyivindependent.com)
this post was submitted on 13 Jun 2024
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They probably can, but it's a further escalation in sanctions and would set a precedent that investments in another country aren't safe.
By holding them, it also gives an incentive to end the war. Stop the war and get 300 billion back!
Edit: someone else referred to it as the carrot (held money) and the stick (donated weapons). Carrot and stick is better than stick and stick. Better up to a point anyway...
I mean didn't Russia already seize foreign companies, so the precedent is set?
The precedent that that is setting, is that it is not safe to invest in Russia. If the EU does this, the precedent is that the EU is not safe to invest in.
Russia's economy is a dwarf compared to the EU or USA.
Good point