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→Seizure of Russian assets
The EU has been confiscating the [[interest]], not the [[principal]], of that money to distribute it to [[Ukraine]]. That step is likely already [[illegal]] and [[Russia]] will use the courts to get it back. There has been talk of investing the Russian assets in junk bonds with aim of achieving a higher yield:<ref>https://meduza.io/en/news/2025/07/15/euroclearcalls-e-u-plan-to-invest-frozen-russian-assets-in-risky-securities-expropriation</ref>
The EU has been confiscating the [[interest]], not the [[principal]], of that money to distribute it to [[Ukraine]]. That step is likely already [[illegal]] and [[Russia]] will use the courts to get it back. There has been talk of investing the Russian assets in junk bonds with aim of achieving a higher yield:<ref>https://meduza.io/en/news/2025/07/15/euroclearcalls-e-u-plan-to-invest-frozen-russian-assets-in-risky-securities-expropriation</ref>
{{quotebox-float|Euroclear chief executive Valérie Urbain told the ''[[Financial Times]]'' that [[European Union]] plans to raise additional [[revenue]] from frozen Russian assets by investing them in higher-risk securities would amount to "expropriation." Urbain also warned that such a move could prompt "Russian retaliation in all sorts of forms," as well as damage Euroclear's reputation...The EU was reportedly discussing the possibility of transferring the assets to a special EU-administered fund that would make higher-risk investments. The goal is to generate greater returns to support Ukraine.}}
{{quotebox-float|Euroclear chief executive Valérie Urbain told the ''[[Financial Times]]'' that [[European Union]] plans to raise additional [[revenue]] from frozen Russian assets by investing them in higher-risk securities would amount to "expropriation." Urbain also warned that such a move could prompt "Russian retaliation in all sorts of forms," as well as damage Euroclear's reputation...The EU was reportedly discussing the possibility of transferring the assets to a special EU-administered fund that would make higher-risk investments. The goal is to generate greater returns to support Ukraine.}}
[[File:EU toilet flag.PNG|right|300px|thumb|The 19th [[Russia sanctions]] package in October 2025 banned the [[import]] of Russian-manufactured [[flush toilet]]s. [[President Vladimir Putin]] responded, "The fact that they have canceled the purchase of our toilets, that will cost them dearly. In general, it seems to me they would actually need them in today's situation if they continue to pursue the same [[policy]] toward the [[Russian Federation]]."<ref>https://youtu.be/62LPZqn-4Yw</ref>]]
The move was blocked as no one was ready to accept the potential [[liability]] for it. Not only [[Belgium]], but also [[Germany]] and other [[fiscal conservative]] states, have warned that such a move would endanger their own [[asset]]s. Russia has announced that it will retaliate against any confiscation of its [[money]]. It threatens to confiscate whatever [[European]] companies own or hold in Russia. Those companies would then have to sue their own [[government]]s for cover of their losses.
The move was blocked as no one was ready to accept the potential [[liability]] for it. Not only [[Belgium]], but also [[Germany]] and other [[fiscal conservative]] states, have warned that such a move would endanger their own [[asset]]s. Russia has announced that it will retaliate against any confiscation of its [[money]]. It threatens to confiscate whatever [[European]] companies own or hold in Russia. Those companies would then have to sue their own [[government]]s for cover of their losses.