Russia's Stance on EU Assets: A Delicate Balance

Russia is keeping a close eye on the European Union's actions regarding frozen Russian assets. However, they are not currently planning to take any European assets, such as companies or banks. This stance could change if the EU decides to confiscate Russia's frozen assets. A high-ranking official from Russia's Finance Ministry made it clear that Russia is not planning to seize any European assets at this time. They emphasized that this position might shift if the EU takes steps to confiscate Russia's frozen assets. This statement comes after a recent presidential decree about speeding up the privatization of state-owned assets, which the official assured is not connected to any plans to seize European assets. It's important to note that private European companies and banks still operating in Russia have not been seized by the state. This shows that, for now, Russia is maintaining a cautious approach. The situation is complex, and both sides are likely considering their next moves carefully.