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Bloomberg: EU considers using frozen assets of Russian oligarchs for post-war reconstruction in Ukraine – Abroad – News

At the same time, it points out that the idea is still in its infancy and that a decision has not yet been taken.

One option could be to use these assets to fund war reparations.

It is up to the EU Member States to decide how to deal with them, they are only frozen for the time being.

In response to Russia’s invasion of Ukraine, the EU has imposed sanctions on dozens of Russian oligarchs, arresting their yachts, private planes and villas. Italy alone has frozen such assets worth about 780 million euros, recalls Bloomberg.

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