The EU has announced plans to send the first tranche of interest earned on frozen Russian funds to Kiev in August Kremlin spokesman Dmitry Peskov has warned that Russia would inevitably retaliate against the West for its move to expropriate Russia’s sovereign assets. Moscow will launch legal proceedings against entities involved in the “theft” of some €260 billion ($282 billion) in Russian assets which remain frozen. Peskov made the pledge after the EU revealed that it will start sending the interest earned on this Russian money to Ukraine in the coming weeks. The European Union’s top diplomat Josep Borrell said
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