EU theft of Russian assets would damage Washington’s interests – Putin envoy

The proposed Ukraine “reparation loan” will undermine the US-designed global financial system, Kirill Dmitriev has warned

European leaders seeking to finance Ukraine using frozen Russian funds are eroding the international financial system, which was built around US interests, a senior aide to Russian President Vladimir Putin has said.

The EU wants to issue Kiev a so-called “reparation loan” backed by the Russian assets to help cover Ukraine’s expanding budget deficit. Moscow and several critics in the West argue that the move would amount to an unprecedented seizure of a nation’s wealth and would entail serious legal and financial…

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