The unprecedented move is controversial among some EU countries and the ECB, which think going it alone is too risky.
  • @ToastyWaffle
    4•1 year ago

    Honestly a delusional move. Culturally, Reparations are paid by the loser. Even in Ukraines victory scenario where they kick Russia or of their territory, Russia will not be anywhere near desperate enough to admit defeat at a level to pay reparations. Russia would simply start retooling for another go. All this does is give Russian propaganda more fuel to justify their point of view, without helping anybody.

    • ghost_laptop
      3•1 year ago

      This is propaganda to keep the notion that Russia will be held responsible even though there is absolutely no way to guarantee they can make that happen, which in turn helps to maintain approval of policies like sanctions and so on, which is how the EU “makes them pay”. If you are in favour of that kind of direction, I think it’s a positive thing to do, since it favour your narrative

      • @[email protected]
        1•1 year ago

        So it just means “We will not be paying for this.” Since that is the only thing they can promisse.

    • @Misspelledusernme
      3•1 year ago

      The plan is to use the frozen €200B that Russia was keeping in European banks at the start of the invasion. I agree that Russians wouldn’t like it and isolate them further. But it would certainly help with the reconstruction.

  • @[email protected]
    3•1 year ago

    Good on them for trying.

    The EU really is becoming the superpower of the world. First consumer rights, now Russia… meanwhile the US is just slowly decaying due to infighting

    • @[email protected]
      10•1 year ago

      The EU is systemically subordinated to the US, and is in no way a superpower. For just one example look at all the comprador regimes destroying life for European workers in favour of US capitalists.

    • @nivenkos
      -4•1 year ago

      You got it the wrong way around.

      The EU is dying - our societies are in free-fall, wages through the floor compared to the US, tens of millions of refugees pouring in drive down labour rights and driving up housing costs, austerity-driven governments cutting police funding leading to much more street crime, high inflation and a lack of competitiveness due to the energy crisis, etc.

      • @boredtortoise
        -3•1 year ago

        Despite the problems of capitalism you described, Europe might be the sanest collection of societies currently.

        Hope places like South America & Canada, Africa could get their shit together and join Europe in a global union in some decades and topple the influence of the tyrannies causing harm to people

        Of course the US, Russia, China et al pushed their polarization agendas in Europe as well and we share the same issues despite the progress of the union.

          • @boredtortoise
            1•1 year ago

            Nothing good comes from isolationism. People will need to unify to topple the oppressors.

            South America has very good people, don’t talk on their behalf such maliciousness. You can be a better person

          • @boredtortoise
            1•1 year ago

            Towards tyrannies? Towards capitalism?

            Isn’t it the other way round? They are showing an attitude of patronizing superiority towards the people. They condescend you and I

  • @[email protected]
    -1•1 year ago

    Sounds like if you invest in the EU, there’s a chance your assets could be seized by the government if the government decides to. This is a risk investors don’t like.

    • @[email protected]
      7•1 year ago

      I don’t see why any business would invest in Europe anymore. The shift to multipolarity and the coming age of the global majority is gonna be rough on the imperial core.

    • BrikoXOP
      0•1 year ago

      That is true everywhere. United Stares did the same to Afganistan, Iran, Russia. Venezuela did that to United States. Russia also is doing that. And many more examples.