Moscow has warned that confiscation of its assets immobilized in the West would constitute “theft”
Brussels is pressing ahead with a plan to use €170 billion of Russia’s frozen sovereign assets to back “reparation loans” for Ukraine, the Financial Times has reported. The EU faces growing pressure to find additional funding for Kiev as US cuts back its support.
Moscow has condemned the asset freeze and warned that any seizure of its money would amount to “theft.”
Western nations froze an estimated $300 billion in Russian funds after the escalation of the Ukraine conflict in 2022 – some €200 billion of which is held by Brussels-based…
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