EU member state calls threat to seize Russian money ‘communist’ ...News

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EU member state calls threat to seize Russian money ‘communist’
The bloc unanimously backed the idea of using frozen assets to help Ukraine The EU’s planned seizure of billions of euros of interest payments arising from frozen Russian assets is reminiscent of communism, Hungarian Foreign Minister Peter Szijjarto told RIA Novosti on Thursday. The EU is facing increasing pressure from the US and its allies to find ways to seize hundreds of billions of euros in frozen sovereign Russian funds. Asked if Hungary would support the initiative to use profits generated from financial assets which belong to the Russian central bank and are now frozen by the EU, Szijjarto said the idea re

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