Moscow promises tit-for-tat response to EU seizures of Russian assets ...News

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Moscow promises tit-for-tat response to EU seizures of Russian assets
The bloc has been seeking to tap profits generated from the frozen funds Finance Minister Anton Siluanov has warned that Moscow will respond in kind if the European Union decides to utilize profits generated from frozen Russian assets. Last year, around €260 billion ($285 billion) of Moscow's central bank assets were immobilized in G7 countries, the EU, and Australia, as indicated by a European Commission document. Notably, €210 billion ($230 billion) of Russia's reserves are held in the EU, with €191 billion in Belgium, €19 billion in France, and €7.8 billion in non-member Switzerland. The EU aims to mobilize €15

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