Kremlin Warns EU on Frozen Assets Seizure

Russia views the EU's potential seizure of its frozen assets as a breach of global economic norms, according to Kremlin spokesman Dmitry Peskov. Moscow is formulating its response and monitoring the situation closely.

Russia would regard the seizure of revenue from its frozen assets in the European Union as a violation of all norms of the global economic system, Kremlin spokesman Dmitry Peskov said on Wednesday.

Peskov said that Moscow was still working on its response to such a move and would closely monitor its implementation.