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EU's Use of Frozen Russian Assets for Ukraine Support 'Won't Go Unanswered,' Kremlin Says
EU's Use of Frozen Russian Assets for Ukraine Support 'Won't Go Unanswered,' Kremlin Says
Sputnik Africa
Over €200 billion are held in the EU, mainly by Belgium's Euroclear, one of the world's largest settlement and clearing systems. The Russian Foreign Ministry... 26.07.2024, Sputnik Africa
2024-07-26T12:57+0200
2024-07-26T12:57+0200
2024-07-26T18:03+0200
dmitry peskov
ursula von der leyen
sergey lavrov
russia
ukraine
belgium
european union (eu)
kremlin
european commission (ec)
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Kremlin Spokesman Dmitry Peskov responded to European Union (EU) moves to pilfer interest from frozen Russian assets to pay for military aid to Ukraine, warning that such actions will not go unanswered.On Friday, the European Union will send the first tranche of military aid to Ukraine, amounting to €1.5 billion, from the revenues of frozen Russian assets, European Commission President Ursula von der Leyen announced on social media site X. These actions will definitely take place, but they must be well-considered and fully align with our interests." Following the start of Russia's military operation in Ukraine, the EU and G7 countries froze nearly half of Russia's foreign exchange reserves, amounting to approximately €300 billion.Russian Foreign Minister Sergey Lavrov earlier stated that Russia would respond if frozen Russian assets in the West were confiscated. He mentioned that Russia also has the option to seize funds that Western countries hold in Russia.
https://en.sputniknews.africa/20240617/us-treasury-secretary-says-seizing-profits-from-russian-assets-not-theft-1067076282.html
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dmitry peskov, ursula von der leyen, sergey lavrov, russia, ukraine, belgium, european union (eu), kremlin, european commission (ec), europe, international, finance
dmitry peskov, ursula von der leyen, sergey lavrov, russia, ukraine, belgium, european union (eu), kremlin, european commission (ec), europe, international, finance
EU's Use of Frozen Russian Assets for Ukraine Support 'Won't Go Unanswered,' Kremlin Says
12:57 26.07.2024 (Updated: 18:03 26.07.2024) Over €200 billion are held in the EU, mainly by Belgium's Euroclear, one of the world's largest settlement and clearing systems. The Russian Foreign Ministry has described the freezing of assets in Europe as theft, noting that the EU is targeting not only private funds but also Russian state assets.
Kremlin Spokesman Dmitry Peskov responded to European Union (EU) moves to pilfer interest from frozen Russian
assets to pay for military aid to Ukraine, warning that such actions will not go unanswered.
"Of course, such steps by the European Commission will not go unanswered," Peskov told reporters.
On Friday, the European Union will send the first tranche of military aid to Ukraine, amounting to €1.5 billion, from the revenues of frozen Russian assets, European Commission President Ursula von der Leyen announced on social media site X.
"This is not a reason for an immediate reaction, but certainly a reason for thoughtful actions in response to such illegal decisions by the European Union," Peskov added.
These actions will definitely take place, but they must be well-considered and fully align with our interests." Following the start of Russia's military operation in Ukraine, the EU and G7 countries froze nearly half of Russia's foreign exchange reserves, amounting to approximately €300 billion.
Russian Foreign Minister Sergey
Lavrov earlier stated that Russia would respond if frozen Russian assets in the West were confiscated. He mentioned that Russia also has the option to seize funds that Western countries hold in Russia.
