Kremlin says taking Russian assets will harm the financial system
- Country:
- Russia
The Kremlin said on Monday that expropriation of frozen Russian assets by European states would harm the Western financial system.
Reuters reported that European Commission President Ursula von der Leyen wants the European Union to find a new way to finance Ukraine's defence against Russia using the cash balances associated with Russian assets frozen in Europe.
Russia earlier on Monday warned it would go after any European state that sought to take its assets.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Kremlin
- European Commission
- Ursula von der
- Russian
- Leyen
- Europe
- Russia
- European
- Western
- Ukraine
ALSO READ
Drone Diplomacy: Russian Provocation Near Swedish Waters
Swedish military confirms that a Russian drone carried out an unauthorised flight off Sweden earlier this week, reports AP.
European Shares Reach All-Time High Despite Banking Sector Concerns
Pipeline Tensions: Ukraine and Russia’s Oil Export Struggle
Poland's Nuclear Dilemma: Balancing European and U.S. Alliances

