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Russia Warns EU over Frozen Assets Seizure Plan for Ukraine
Russia threatens legal and diplomatic retaliation if European states use frozen assets, which total $300-$350 billion, to fund Ukraine's defense and reparations, officials said.
- Russia warned European states against seizing its frozen assets, stating such actions would be considered theft by the West, according to former Russian president Dmitry Medvedev.
- Medvedev said Russia would pursue any European countries attempting asset seizure through all possible means.
- The European Union is considering using frozen Russian assets to finance Ukraine's defense, with ideas coming from European Commission President Ursula von der Leyen.
- The U.S. and allies blocked $300-$350 billion of Russian assets after President Vladimir Putin's invasion of Ukraine in 2022.
38 Articles
38 Articles
Russia claims that any seizure of its assets constitutes theft by the West and will undermine confidence in American and European bonds and currencies.
Russia warns Europe of retaliation if frozen assets are seized
Russia on Monday warned it would go after any European state that sought to take its assets after reports that the European Union is looking for new ways to leverage hundreds of billions of dollars of frozen Russian assets to help Ukraine. The US and its allies prohibited transactions with the Russian central bank and finance ministry after President Vladimir Putin sent his army into Ukraine in 2022 and blocked $300-$350 billion of sovereign Rus…
Russia warns EU over frozen assets seizure plan: ‘We will go after any state which takes our assets’
Former Russian president Dmitry Medvedev threatened to pursue European states in “all possible ways” and in “all possible international and national courts” as well as “out of court” if they seized Russian assets.
Russia warns Europe: we will go after any state which takes our assets
Russia on Monday warned it would go after any European state that sought to take its assets after reports that the European Union is looking for new ways to leverage hundreds of billions of dollars of frozen Russian assets to help Ukraine.
Peskov said Moscow will not remain indifferent if Western powers appropriate the frozen Russian assets.
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