On Monday, Russia warned European countries that it would take action against any nation attempting to seize its assets, following reports that the European Union is considering using billions of dollars from frozen Russian assets to support Ukraine.
اضافة اعلان
After President Vladimir Putin sent Russian troops into Ukraine in 2022, the United States and its allies banned transactions with the Russian central bank and Ministry of Finance, freezing $300–$350 billion of Russian sovereign assets, mostly government bonds from Europe, the U.S., and the U.K., held in a European securities center.
Reuters reported that European Commission President Ursula von der Leyen wants the EU to find a new way to finance Ukraine’s defense against Russia using cash balances linked to frozen Russian assets in Europe.
Politico added that the European Commission is studying the idea of using Russia’s cash deposits at the European Central Bank, arising from matured bonds owned by Russia, to fund a “compensation loan” for Ukraine.
Former Russian President Dmitry Medvedev wrote on Telegram: “If this happens, Russia will pursue the EU countries, as well as the degenerate Europeans in Brussels and any individual countries trying to seize our property, until the end of the century.”
Medvedev, who serves as Deputy Chairman of the Russian Security Council, added that Russia would pursue European countries “by all possible means”, “in all possible domestic and international courts”, and also “outside the courts.”
Russia argues that any seizure of its assets constitutes theft by the West and would undermine confidence in U.S. and European bonds and currencies.
--Reuters
