Estonia: Estonia declared on Tuesday that it had developed the first legal framework in Europe to enable it to transfer frozen Russian assets to Ukraine, according to the news website Postimees.

In accordance with the strategy outlined by the Estonian Foreign Ministry, Russian assets seized in Estonia should begin contributing to Ukraine's reconstruction "in advance."

According to the source, Moscow might someday receive payment for Estonian property that has been seized if Russia agrees to pay for the harm it caused in Ukraine.

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"The decision is almost complete; the Cabinet of Ministers discussed it, but some details still require clarification. Kaja Kallas, the prime minister of Estonia, was quoted in the news source as saying, "We can also demonstrate to other nations how such a solution can operate legally.

She continued by saying that the proposal should be approved by the government "in the coming weeks," opening the door for the transfer of frozen Russian funds to Kiev.

According to the nation's anti-money laundering bureau, Estonia has frozen €34.5 million ($37.7 million) of Russian assets since the start of the conflict in Ukraine, including more than €8.7 million ($9.5 million) blocked by the customs and tax department.

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The legality of seizing Russian assets and transferring them to Ukraine has been a topic of discussion among EU lawmakers for a number of months. Many have argued that the EU legal system only permits freezing such assets, not expropriating them.

Due to the legal risks, senior German government officials recently expressed doubts that the EU plan could garner enough support.

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Many nations, including Switzerland, have expressed worry that the seizure of Russian funds could pave the way for the seizure of Western assets held abroad and undermine investor confidence in the European banking system.

Moscow has referred to the EU's seizure of its assets as theft on numerous occasions. In his speech at the St. Petersburg International Economic Forum earlier this month, Russian President Vladimir Putin called the policy "mediaeval."