EU leaders know Ukraine will never repay debts \u2013 Le Monde<\/a><\/figcaption><\/figure>\n<\/blockquote>\nCommenting on the deliberations on Thursday, Peskov likened the EU to a group of mobsters planning their next heist. “This all looks like a gang: someone keeps lookout, someone robs, and someone, like Belgium, shouts, ‘Guys, let’s share responsibility,”<\/em> he quipped, adding that those involved would face “legal and other possible accountability.”<\/em><\/p>\nA day earlier, he said the ideas under discussion amounted to theft. “We are talking about plans for the illegal seizure of Russian property,”<\/em> Peskov said, warning such moves would “completely”<\/em> undermine trust in the inviolability of property and that “the boomerang will very seriously hit”<\/em> key depository countries.<\/p>\nAfter the escalation of the Ukraine conflict in 2022, Western governments froze roughly $300 billion in Russian sovereign assets, about €210 billion of which is in Europe, including some €185 billion at Brussels-based Euroclear. While EU officials have for months discussed ways to confiscate the funds outright and hand them over to Ukraine, they have so far refrained from doing so due to the enormous legal and reputational risks such a move would entail.<\/p>\n
However, the EU moved to channel the interest accrued by the assets to Ukraine, having already transferred an estimated €4 billion to Kiev.<\/p>\n","protected":false},"excerpt":{"rendered":"
The bloc will face legal consequences if it moves to \u201csteal\u201d Moscow\u2019s frozen assets, spokesman Dmitry Peskov has said The EU countries debating ways they could “steal” Russian assets to prop up Ukraine are behaving like a criminal “gang,” Kremlin spokesman Dmitry Peskov has said. EU leaders convened on Wednesday…<\/p>\n
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