Kremlin Condemns EU's Use of Russian Assets for Ukraine Aid

The Kremlin has labeled the EU's plan to use interest earned on frozen Russian assets for military aid to Ukraine as 'theft,' threatening legal action. The EU's top diplomat, Josep Borrell, announced the first tranche of 1.4 billion euros would be made available in early August.

The Kremlin on Tuesday labeled the European Union's plan to utilize interest earned on frozen Russian assets to fund military aid to Ukraine as 'theft,' promising legal action against anyone involved in the decision.

EU's top diplomat, Josep Borrell, revealed on Monday that the first tranche of military aid totaling 1.4 billion euros, sourced from the proceeds of frozen Russian assets, would be disbursed in early August.

The Kremlin's strong response underscores the escalating tensions between Russia and the EU over the ongoing conflict in Ukraine.