Moscow condemns EU ruling on frozen assets ...News

The bloc’s approval of the use of windfall revenues to help Ukraine is “expropriation,” the Kremlin has said The EU’s decision to use proceeds from frozen Russian assets to aid Ukraine violates the foundations of the global financial and economic system, Kremlin spokesperson Dmitry Peskov has said. After months of deliberations, the bloc approved the use of windfall revenues generated by immobilized Russian assets to provide military aid to Kiev on Tuesday. Several EU member states, including Germany and France, had previously resisted pressure from the US and UK to outright confiscate the Russian assets, citing c

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