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Didn't EU freeze all Russian dollar accounts? That basically means Russia never gets those dollar payments. Why would it keep delivering gas for free? Does that "contract" even mean anything then? By switching to rubles Russia actually helped EU nations with a legal way to keep paying for gas.

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No, EU has not sanctiond _all_ Russian banks. IIRC the reason was that some counties in the EU still needed to keep paying for gas.

If you fuck up and get your bank account frozen that does not mean that you don’t have to pay your morgage or that you can pay it with monopoly money.

Also there is a big difference between freezing access to a bank account and taking ownership of the funds.

> there is a big difference between freezing access to a bank account and taking ownership of the funds.

No it’s not so big, because freezing can be unlimited in time and you can’t use that money. What point of having money on account if you can not use them? These are just numbers on the screen.

If your account can be frozen any time by the bank, it means you don’t really own the money, and the bank is not trustworthy.

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