The European Union has set its sights on Russian gold

The American media reported, citing a source, that the EU countries are studying gold as a new target for sanctions against Russia, which are introduced by the West after Moscow launched a special operation in Ukraine.

And the media indicated that the leaders of the European Union would announce at the end of the next summit on June 23-24 that “the work on imposing sanctions against Russia continues, including strengthening their implementation and preventing their circumvention.”

This is stated in a document dated June 20, 2022, obtained by the US media, while the source indicated that “one of the following possible targets (for sanctions against Russia) is gold.”

The move aims to deprive Russia of a source of funds, and experts believe that the move, if taken, would not have an impact on Russia, as Russia’s balance of payments surplus is expected to reach historic levels of between $200 and $300 billion this year.

After Russia launched a special operation in Ukraine, Western countries imposed sanctions against Moscow, including the European Union, which introduced 6 sets of sanctions affecting various sectors of the economy.

Earlier, Russian President Vladimir Putin warned Western countries against the confiscation of Russian property abroad, saying that “stealing someone else’s property never leads to good.”

Source: RIA Novosti

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