Russia warns Europe: ‘We will go after any state which takes our assets’ as EU seeks new way to fund Ukraine

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Russia warns Europe: ‘We will go after any state which takes our assets’ as EU seeks new way to fund Ukraine

Russian President Vladimir Putin. Getty images.

Russia on Monday warned European states that it would go after any state which sought to take its assets after reports that the European Union was floating the idea of spending billions of dollars worth of frozen Russian assets to help Ukraine.

After President Vladimir Putin sent his army into Ukraine in 2022, the United States and its allies prohibited transactions with the Russian central bank and finance ministry and blocked €350bn of sovereign Russian assets, mostly European, US and British government bonds held in a European securities depository.

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