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Kremlin slams EU transfer of frozen Russian asset profits to Ukraine as ‘theft’
The Jerusalem Post • • world
Key Points:
- The Kremlin condemned the European Union's decision to transfer $1.6 billion from frozen Russian central bank assets to Ukraine, calling it illegal and labeling it as theft.
- The European Commission announced that the funds, derived from interest on frozen cash balances, would be given to Kyiv to support Ukraine amid the ongoing war.
- EU leaders have stated that Russian assets worth 210 billion euros will remain frozen until Russia pays war reparations to Ukraine.
- Russia has proposed using its frozen assets to rebuild war-damaged regions within its own territory, particularly the Kursk region, a plan rejected by Ukrainian President Volodymyr Zelensky.
- Zelensky emphasized Ukraine's determination to use all frozen Russian assets for post-war recovery, dismissing Russia's reconstruction claims as "nonsense."
