IMF: confiscation of Russian assets in the West requires legal support. IMF is not involved in the discussion of this confiscation, but the fund will assess the impact of such a step on the global economy.
On February 12, the European Union published a resolution that provides the possibility of using profits from frozen Russian assets to provide assistance to Ukraine. The European Union fears a serious response from Russia if frozenRussian assets are confiscated for the needs of Ukraine. The IMF will assess whether such a move would have a negative impact on the world economy.