Russia threatens to reciprocate if Europe seizes frozen Russian assets

Source: Meduza

Russia’s Finance Minister Anton Siluanov said that Russia is prepared to give a “symmetrical response” if Europe uses profits made from frozen Russian assets.

“If such a decision is made, then an absolutely symmetrical response will follow from the side of the Russian Federation. We also have enough assets frozen here, […] these are our liabilities on securities, dividends, those that constitute our liabilities to foreign counterparts from unfriendly countries,” the news agency TASS cites Siluanov as saying.

Siluanov added that assets frozen in Russia have brought “substantial returns,” which the Russian authorities are ready to use if the West makes a similar decision.

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Russia threatens to reciprocate if Europe seizes frozen Russian assets

Billing Russia’s billionaires How Ukraine is going after Mikhail Fridman and Roman Abramovich’s sanctioned wealth

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