EU has agreed to use billions of euro in profits generated by Russian assets frozen in European financial institutions
Moscow has threatened to seize the assets of “unfriendly” European states if the EU implements plans to use earnings from frozen Russian funds to help Ukraine, as officials from more than 60 states met to discuss Kyiv’s proposals for peace talks with the Kremlin.
“A number of European politicians, led by the president of the European Commission Ursula von der Leyen, have once again started talking about stealing our country’s frozen funds in order to continue the militarisation of Kyiv,” said Vyacheslav Volodin, a staunch Kremlin ally and speaker of Russia’s lower house of parliament.
“Over the year, our peace formula has gradually become global – because all of you have supported it or at least shown an active interest in working on it. This formula has truly become a common one,” he said. Moscow has flatly rejected Kyiv’s plan and insists that any settlement must reflect the “new realities” brought about by its invasion – namely its claim to sovereignty over four partly occupied Ukrainian regions and Crimea, which it illegal annexed in 2014.
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