Ireland has frozen €1.2 billion of Russian assets and might seize them to pay for the reconstruction of Ukraine, Minister for Defence Simon Coveney said.
The Irish Times reports that the State has already frozen €1.2 billion in Russian-linked funds under an extensive EU sanctions regime – but in reply to a parliamentary question, Mr. Coveney indicated the State would be open to going one step further and seizing it. The opposition calls for this to be spent on refugees’ needs.
