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Kremlin calls EU transfer of 8 billion euros in Russian asset proceeds to Ukraine 'theft'

Kremlin spokesman Dmitry Peskov said Moscow has repeatedly registered its assessment of the move, according to TASS.

· 1 min read · language: en

The Kremlin has described the European Union's transfer of eight billion euros in proceeds from frozen Russian assets to Ukraine as theft, according to Russian state news agency TASS.

Kremlin spokesman Dmitry Peskov said Moscow has "repeatedly" given its assessment of the EU's actions regarding Russian assets, TASS reported, without elaborating on possible retaliatory steps.

The EU has moved in recent months to make use of profits generated by immobilized Russian central bank assets to support Ukraine, a policy Moscow has consistently opposed and characterized as illegal under international law.

TASS did not report a specific date for the transfer or additional details on how the funds would be used. There was no immediate separate comment from EU officials in the report.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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