European Council President Charles Michel has called for the confiscation of the assets of Russians who are under sanctions, with a view to further using them to repair the damage caused by Russia in the war it is waging against Ukraine .

Interfax-Ukraine writes about this.

“Personally, I am absolutely convinced that it is extremely important not only to freeze assets, but also to make it possible to confiscate them, to make them available for the reconstruction of the country. This is my personal conviction,” Michel added.

But the legal level of this issue is not so simple.

“There are 27 legal systems in the EU, and in many EU member states this will require a decision by the courts. This is a difficult and long process,” said the President of the European Council.

However, he has already instructed the legal service of the Council to prepare “some possible ideas to find a legal solution in accordance with the principles of the rule of law, which would facilitate and make it possible to confiscate the assets of people who are under sanctions by the EU or other countries of the world.”

“In my opinion, this is a matter of justice, not only to freeze assets, but also to confiscate them in order to make this money available to the Ukrainian authorities … especially for the reconstruction of the country. This is a matter of justice,” he concluded.

Meanwhile, US President Joe Biden said on May 4 that the United States is “always open to additional sanctions” against Russia after the European Union announced a new round of sanctions.

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