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 has warned European states against seizing its assets, stating it amounts to theft and could damage confidence in Western bonds and currencies.
- Former Russian President Dmitry Medvedev threatened to pursue legal actions until the end of the century if asset seizures occur.
- The European Commission and the European Union are exploring options to use frozen Russian assets for a 'Reparations Loan' to support Ukraine.
- Reports indicate that the U.S. and allies have blocked $300-$350 billion of Russian sovereign assets, mostly consisting of government bonds.
40 Articles
40 Articles
The Russian ex-president warned the EU and Nato against using Russian assets to finance Ukraine. Foreign Minister Meinl-Reisinger personally attacked him
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.
Russia will act against European states "by all possible means", in "all possible international and national courts" — and also "outside the courts", said the vice-president of the Russian Security Council.
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