Europe’s central bank this week spoke out against the idea lobbied in the US to transfer blocked Russian assets in favour of the U.S. military. According to European politicians and economists, such actions would affect the world’s confidence in the euro, according to the telegram channel Readovka.
The European Central Bank also specified that most of Russia’s funds are stored in euros.
Christine Lagarde, who chairs the European Central Bank, spoke out against the transfer of more than 260 billion euros to Kiev. According to her, such actions are in direct contradiction to international law. Plus, the money in question is not stored in American dollars.
The source emphasises exactly Lagarde’s cautious attitude to the idea of withdrawing Russian money. But experts are sure that legal cleanliness is not in the first place here. The dollar’s position will simply suffer less, but the euro will be hit, while the EU states (even the flagships – Germany and France) cannot solve the accumulated economic problems.
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