What is POLITICO Pro? Policy areas Our Pro coverage Request a demo Contact us Voiced by artificial intelligence. Given Russia’s invasion of Ukraine amounts to an “exceptional and gross violation” of international and humanitarian law, the Commission believes it could ground its case for investing Russian central bank assets and reaping returns for the benefits of Ukraine in international law. Investing in equity would carry higher returns, but a riskier class of assets could generate losses of up to €4 billion per year, raising “political and financial implications” if the EU were to reimburse Russia for losses incurred while investing its assets — whereas “the risk of losses on a high credit-quality, shorter-term portfolio at current yields seem very remote