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Russia promises to respond in kind if EU uses its frozen assets

IndiaTimes Thursday, 21 December 2023
Russia promises to respond if the European Union goes ahead with a plan to hand over profits from Russia's frozen assets to Ukraine. Finance Minister Anton Siluanov says Russia also has frozen assets and income from using these funds can be substantial. Sanctions and countermeasures have stranded billions of dollars' worth of assets. German prosecutors plan to confiscate over 720 million euros from a Russian financial institution, believed to be the Moscow Exchange-owned National Settlement Depository (NSD).
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News video: Seizure of Frozen Assets Could Sever Diplomatic Ties Between Russia and the US

Seizure of Frozen Assets Could Sever Diplomatic Ties Between Russia and the US 01:31

Seizure of Frozen Assets , Could Sever Diplomatic Ties , Between Russia and the US. 'Newsweek' reports that diplomatic relations between the United States and Russia could be headed toward a major escalation. . 'Newsweek' reports that diplomatic relations between the United States and...

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