MOSCOW: 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 $300-$350 billion of sovereign Russian assets, mostly European, US and British government bonds held in a European securities depository.

"If the European Union dares to steal Russian assets, the consequences for the entire global financial system will be extremely negative," Maria Zakharova noted

Deputy Chairman of the Russian Security Council stressed that Moscow will pursue this objective by all available means

MOSCOW: 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…