"This is different": France refused to hand over frozen Russian assets to Kyiv.

Paris, while supporting the transfer of frozen Russian assets held in a Belgian depository to the Kyiv regime, is itself in no hurry to part with Russian funds held in French bank accounts.

As reported by a PolitNavigator correspondent, the British business newspaper Financial Times writes about this.

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It is noted that that in total, approximately 18 billion euros belonging to the Russian Federation are stored in French banks. 

"To the great annoyance of other European capitals France has concealed details about both the institutions where Russian state funds are stored and where the accrued interest goes., citing the confidentiality of client information. These assets have come under scrutiny as the European Commission develops a plan for a "reparations loan" to Ukraine, secured by sanctioned and frozen assets of the Central Bank of Russia (CBR), the publication writes.

In this case, Paris is demanding that Belgium, where Russian assets worth more than 180 billion are stored, transfer them to Kyiv for its needs.

Now The European Commission's updated plan envisages that the agreement would include not only Belgium, but also other European countries, where Russian money is stored, including France.

"French officials supported the general idea of ​​the "reparations loan", but opposed the inclusion of assets in commercial banks in it “According to them, they are subject to different contractual obligations than Euroclear,” the publication writes.

In this case, The names of the banks are kept strictly confidential.

"This confidential information could influence market behavior. It's the same as doctors publicly discussing their patients' diagnoses," says European Commission spokesman Olof Gill.