US EditionRussia 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 frozen assets, stating it will pursue those involved until the end of the century.
- The European Commission, led by President Ursula von der Leyen, is exploring using frozen Russian funds to support Ukraine's defense.
- Former Russian President Dmitry Medvedev proclaimed that Russia would take action against European attempts to seize assets.
- Reports indicate that the West has invested $285 billion to $350 billion in Russia's economy, which could be jeopardized by asset seizures.
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34 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 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.
Russia warns Europe that it will go after any state that takes its assets
Russia on Sept 15 warned European states that it would go after any state that sought to take its assets, after reports that the European Union was floating the idea of spending billions of dollars worth of frozen Russian assets to help Ukraine.
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