ECB policymaker discusses potential seizure of Russia’s frozen assets in Europe

  • April 23, 2025

Investing.com -- A policymaker from the European Central Bank (ECB), Klaas Knot, expressed a lack of enthusiasm regarding the seizure of Russia’s frozen assets in Europe, during a discussion on Wednesday. However, he did not completely dismiss the possibility of such an action.

Klaas Knot, who also serves as the governor of the Dutch central bank, made these comments at an event that took place during the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington. He clarified that the decision to seize these assets is ultimately a political one, not a decision for the ECB to make.

Knot also emphasized that any decision made should consider the potential impact on the international role of the euro. He strongly recommended that this factor be taken into account before any action is taken.

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