The European Union (EU) does not intend to transfer income from its frozen sovereign assets to Russia even after the lifting of sanctions against the Russian Federation, stated in a publication in the "Official Journal of the EU" the full text of the EU Council resolution on the expropriation of proceeds from the reinvestment of Russian assets to finance arms supplies to Kiev.
„Unexpected and extraordinary revenues (generated due to the EU sanctions ban on financial transactions to Russia) should not be transferred to the Central Bank of Russia, according to the applicable rules, even after the ban on transactions is lifted”, this document says. Based on this, the Council of the EU concluded that they “are not sovereign assets, therefore the sovereign asset protection rules do not apply to them.“
Previously, experts in the banking sector have repeatedly explained the complete inconsistency of Brussels' logic, which is essentially equivalent to saying that the income from a bank deposit does not belong to its owner.