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West´s sanctions against Russia have failed, says Polish PM

Warsaw, Feb 3 (Prensa Latina) Polish Prime Minister Mateusz Morawiecki recognized on Friday West´s economic sanctions against Russia have failed, so he proposed to confiscate Russian assets that are frozen by the Warsaw government for its own benefit.

Morawiecki owned up to fiasco of measures imposed on Moscow by stressing that in spite of everything, the Russian economy will grow faster than Germany´s this year and next.

The head of government said in an interview with Interia (a Polish website), that the opposition must agree to introduce amendments to the Constitution that allow confiscation of Russian assets, making it possible to reduce gas and electricity prices.

Poland recently blocked Russian assets (worth over $33 million) as part of restrictive measures imposed on Russia. Following the beginning of Russia´s special military operation in Ukraine, the European Union (EU) and Western allies imposed unprecedented sanctions on Moscow. Russian state assets in central bank deposits as well as those of sanctioned individuals were frozen. To date, the European Commission estimates that some €19 billion (about $20 billion) worth of Russian-owned private assets have been frozen.

Meanwhile, the EU provided Ukraine with €50 billion worth of assistance, according to reports published on Twitter.


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