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German finance minister open to seizing Russia cenbank assets - Handelsblatt

·1 min read

BERLIN, May 17 (Reuters) - German Finance Minister Christian Lindner is open to the idea of seizing Russian state assets to finance the reconstruction of Ukraine, he said in an interview with German business daily Handelsblatt and three other European newspapers.

"I am politically open to the idea of seizing foreign assets of the Russian Central Bank," Lindner said, adding that proposals to this effect were already being discussed among the Group of Seven economic powers and in the European Union.

"In the case of private assets, we have to see what is legally possible," Lindner added. "We have to respect the rule of law, even if we are dealing with Russian oligarchs."

(Writing by Paul Carrel, Editing by Rachel More)