Here are some of the ideas that have been suggested:CONFISCATIONSome international policymakers and lawyers say the immobilised Russian reserves can simply be confiscated under a doctrine of international law known as "countermeasures".
Some in the bloc are still wary, though, and the European Central Bank has warned that claiming the trapped Russian assets should only be done in tandem with G7 powers.
The bondholders would not have a contractual claim on the Kremlin’s frozen reserves.
Ukraine would have a plausible way to collect on any damages awarded up to the value of the reserves.
If Moscow refused to pay the damages, the allies could then use Russia’s frozen assets to pay off the loan.
Persons:
Marc Jones, Lee Buchheit, Daleep Singh, Mark Heinrich
Organizations:
Marc Jones LONDON, Emergency Economic, U.S, European Central Bank
Locations:
Ukraine, Russia, Kuwait, United States, EU, Russian, Brussels, Belgium, U.S, Britain, China, Hong Kong, Dubai, Moscow