The US and the EU are making a historic mistake, Ivan Chebeskov has said Using interest from frozen Russian assets to make loans to Ukraine is against international law and will backfire on the West, Moscow’s Deputy Finance Minister Ivan Chebeskov has said. The US and the EU blocked an estimated $300 billion in assets belonging to the Russian central bank when the Ukraine conflict escalated in February 2022. More than two thirds of the funds, around $213 billion, are being held at the Brussels-based clearinghouse Euroclear. “Of course, these decisions taken by the US and the EU are not lawful, they contradict the
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