The tweet was deleted by the author.
But we saved everything 🙂.
Daniel Kral highlights that the eurozone currently holds €250 billion worth of Russian cash from matured bonds, which could potentially be confiscated and redirected to Ukraine.
He also points out that European companies maintain €150 billion in fixed assets within Russia, which are at risk of being confiscated in retaliation. Kral’s comment refers to ongoing discussions at the EU Council regarding these potential asset transfers.
View post on X Loading...
Kral has previously identified risks of stricter capital controls and financial repression in the EU as high debt and low investment trends continue, according to his analysis in an earlier article. He has also reported that large government deficits remain persistent across major euro area economies, as detailed in a separate piece. These earlier assessments set the context for recent discussions about asset confiscation and cross-border financial tensions.