European Commission President Ursula von der Leyenstated that the European Commission has proposed a program to confiscate Russian-frozen assets. "We have blocked 300 billion euros of Russian central bank reserves and frozen 19 billion euros of Russian oligarchs,"
According to her, shortly, the EU and its partners can take over the management of these funds. The proceeds will be sent to Ukraine to compensate for the damage caused to the country. "To make this possible, we will work with our partners on an international agreement. And together, we can find legal ways to do it," von der Leyen said.
