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Moscow will confiscate EU assets if Brussels 'steals' frozen Russian funds - Putin ally

  • A top ally of President Putin warns that if the European Union confiscates frozen Russian funds to support Ukraine, Russia will retaliate by seizing assets belonging to EU states it deems unfriendly.
  • President von der Leyen suggests pooling profits from frozen Russian state assets to assist with Ukraine's post-war reconstruction. Russia states that it would respond in a more costly manner if the EU takes action against Russian assets.
  • The chairman of the Russian lower house of parliament claims that EU politicians are considering seizing frozen funds due to their poor financial situation and to hold on to their jobs.
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Reuters broke the news in United Kingdom on Sunday, October 29, 2023.
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