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Kremlin Says EU Transfer of Russian Asset Revenue to Kyiv Is Theft

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Read more about Kremlin says EU transfer of Russian asset revenue to Kyiv is theft on Devdiscourse

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The Kremlin ruled Thursday illegal the decision of the European Union to transfer revenue generated by Russian frozen assets to Ukraine, denouncing the measure as "a theft," Reuters reports.

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In the Kremlin, the Brussels decision to transfer the proceeds of frozen Russian assets to Ukraine in the amount of Euro8 billion was described as theft. "We have already assessed these actions on several occasions, we believe they are illegal, we really believe that they are theft, and we are, as appropriate, concerned," said President Dmitry Peskov's press secretary and added, "Nothing has changed in our position here either."

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The European Union has sent Kiev 8 billion euros from frozen Russian assets, some of which have gone into arms purchases. The European Union has since 2024 sent Ukraine 8 billion euros from Russia's frozen assets, transfers RIA News. The Director of the Department of European Problems of the Russian Ministry of Foreign Affairs, Vladislav Maslennikov, explained that the funds are being withdrawn from the profits from the reinvestment of the reser…

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vz.ru broke the news on Thursday, September 24, 2026.
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