this post was submitted on 07 Oct 2023
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We Can Force Russia to Fund Ukraine’s Fight for Freedom, analyst says (cepa.org)
submitted 2 years ago by 0x815@feddit.de to c/europe@feddit.de
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While the necessity of supporting Ukraine, at all costs, should be obvious to all (it’s the best long-term investment the West can make against an expansionist Russia), it is a hard sell to electorates. But there is another way of doing this — we can make Putin pay. Even the populists in Europe and the U.S. would struggle to argue with that.

The West holds $400bn of Russian assets, either frozen or immobilized For comparison, all Western aid so far, including financial, humanitarian, and military, totals about $350bn.

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[–] 0x815@feddit.de 16 points 2 years ago

As an additional detail, Putin apparently did all he could to avoid seizures at least of his personal assets as he ordered to move superyacht from a German shipyard to Russia just weeks before he ordered the invasion of Ukraine:

A Russian anti-corruption organisation set up by the jailed opposition leader Alexei Navalny claims emails show that the Russian president ordered the urgent moving of the 82-metre superyacht, called Graceful, from a shipyard in Hamburg, where it was undergoing a $32m refit [...]

Photos show the ship being towed out of Hamburg on 7 February en route to the Russian exclave of Kaliningrad [...]

[...] on 22 February – Putin ordered the full-blown invasion of Ukraine. After the invasion, the US, UK and EU imposed sanctions on Russian-owned assets overseas, and dozens of oligarch-owned superyachts were seized across the world.