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Reason
Reason
Fiona Harrigan

Seizing Russian Assets Violates the 'Fundamental Right' to Property, Says Swiss President

The Russian invasion of Ukraine has dragged on for over four months, and other nations have begun to ponder how to pay for reconstruction efforts. At a two-day Ukraine recovery conference held in Switzerland that concluded yesterday, Ukrainian officials suggested that Russian assets should be seized and then sold to fund their proposed recovery plan, which comes out to $750 billion.

"We believe that the key source of recovery should be the confiscated assets of Russia and Russian oligarchs," said Ukrainian Prime Minister Denys Shmygal. "The Russian authorities unleashed this bloody war. They caused this massive destruction and they should be held accountable for it."

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