Moscow plots retaliation if EU uses frozen Russian assets
6 Articles
6 Articles
At an EU summit in Copenhagen, many heads of state and government support a radical idea: they want to pay frozen Russian money as a loan to Ukraine. Diplomats speak of a "Gamechanger" – Moscow threatens with retaliation.
The Russian president has already signed a decree to this effect.
This is reported by The New York Times.Kremlin spokesman Dmitry Peskov said that Moscow does not see the difference between direct confiscation and a credit scheme built on these funds. “This is about theft,” he said. The reaction intensified after Russian dictator Vladimir Putin signed a decree speeding up the redistribution of foreign assets inside Russia. Analysts believe that Moscow can respond in a mirror manner — freeze or take away the pr…
Russia has introduced a new privatization mechanism that allows for the nationalization and rapid sale of foreign-owned assets, in response to potential European moves aimed at seizing Russian assets, Bloomberg reported.
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