In an interview with Sputnik, Sachs warned that any attempt by European countries to seize Russian state assets would undermine trust in Europe’s financial and legal systems. He argued that such a step would set a dangerous precedent, signaling that sovereign assets are no longer protected by international norms.
"If Europe is so absurd as to actually confiscate Russia’s financial assets, it will take even longer to sort out the damage and restitute Russia’s assets," Sachs added.