Russia Responds to EU's €1.5 Billion Transfer to Ukraine

Kremlin spokesman Dmitry Peskov stated that Russia would carefully consider its response to the EU's transfer of €1.5 billion to Ukraine from frozen Russian assets. The European Commission made the transfer for Ukraine's defense and reconstruction, but Russia deems the move illegal and plans to retaliate.

Russia is set to carefully evaluate its reaction to the European Union's decision to transfer €1.5 billion to Ukraine, sourced from frozen Russian assets, according to Kremlin spokesman Dmitry Peskov.

European Commission President Ursula von der Leyen announced that the EU would transfer the funds to Kyiv for Ukraine's defense and reconstruction efforts. During a call with reporters, Peskov labeled the EU's move as 'illegal' and declared that Russia would undertake 'well-thought-out actions' in response.

'Such steps by the European Commission will not remain unanswered,' Peskov warned. Russia has repeatedly threatened countermeasures against any use of its frozen assets to finance Ukraine.