Moscow vowed, on Wednesday, to take “appropriate measures” in the event that the European Union confiscates Russian state and private property in order to finance the reconstruction of Ukraine.
“We warn again that in the event of confiscation of the property of the Russian Federation, Russian citizens, companies and state reserves of our country, appropriate measures will certainly be taken by the Russian side,” Maria Zakharova, a spokeswoman for the Foreign Ministry, said at a press conference in Moscow.
Earlier in the day, European Commission President Ursula von der Leyen said the EU and its partners “will make sure that Russia pays for the destruction it has caused, with the frozen funds of the oligarchs and the assets of the Central Bank.”
She added that the seized funds should be used as “full compensation to Ukraine” for the damage caused by the Russian “special military operation” that began last February.
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And she continued, “We will work on an international agreement with our partners in order to make this possible.”
On February 24, Russia launched a military operation in Ukraine, which was followed by international rejection and economic sanctions on Moscow, which requires Kyiv to abandon plans to join military entities to end its operation, which the latter considers an “interference” in its sovereignty.