Confiscation of immobilized Russian state assets is moral and vital
chathamhouse.orgMay 01
EU Agrees to Send $3.2B of Frozen Russian Assets to Aid Ukraine
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The Spin
Pro-establishment narrative
Repurposing Russian profits is necessary to finance the ongoing war effort and ensure the successful rebuilding of Ukraine after the conflict. Vladimir Putin is unlikely to cooperate in a reparations campaign, so the West must act proactively and do what is right against Putin's hypocritical objections.
Establishment-critical narrative
The seizing of frozen Russian assets is legally dubious and incredibly damaging to international confidence in the West's financial institutions. By using profits that are rightfully Russian, a dangerous and irreversible precedent will be set that the West will regret. This move will do little but encourage divestment from the Western world.