Russia warns Europe: We will pursue any state that takes our assets
Russia on Monday warned that he would pursue any European country who tried to take its assets after a report that the European Union was looking for new ways to utilize hundreds of billions of Russian assets from helping Ukraine.
The US and its allies prohibit transactions with the Russian central bank and the Ministry of Finance after President Vladimir Putin sent its troops to Ukraine in 2022, and block $ 300- $ 350 billion in sovereign Russian assets, mostly stored by the Department of European Securities, most of Europe, the US and the United Kingdom held in Europe.
Reuters reported that European Commission President Ursula Von Der Leyen wanted the European Union to find a new way to finance the Ukraine defense against Russia using cash balances related to Russian assets frozen in Europe.
Politico reported that the European Commission was considering the idea of using Russian cash deposits at the European central bank from the due bonds owned by Russia to fund “Repair Loans” for Ukraine.
“If this happens, Russia will pursue the European Union countries, as well as European declines from Brussels and the EU countries of individuals who try to seize our property, until the end of this century,” former Russian President Dmitry Medvedev wrote about telegrams.
Russia will pursue European countries in “all possible ways” and in “all possibilities of international and national courts” and “outside the court”, said Medvedev, who served as Deputy Chairman of the Russian Security Council.
Russia said the confiscation of his assets was the same as the theft by the West and would damage the trust in bonds and currencies of the United States and Europe.
European countries say that Russia is responsible for the destruction of Ukraine in the deadliest land war in Europe since the second world war – and that Moscow must be forced to pay.
However, some bankers have been wary of precedent that seizing sovereign assets may have the beliefs possessed by foreign sovereignty in maintaining their money invested in Bonds Western government.
Medvedev said earlier this month that Russia would take more Ukraine territory and pursue British property worldwide after London said it had spent about $ 1.3 billion money collected from Russian frozen assets for weapons for Ukraine.
The State News Agency of Ria Russia said the West had produced a total of $ 285 billion in direct foreign investment in the Russian economy that could be at risk if Russian assets were taken.
Source: Reuters
