Russian Finance Minister Anton Siluanov assured this Thursday that Moscow will give an “absolutely symmetrical” response to the confiscation of its assets in Europe after Brussels admitted on Monday to the seizure of new Russian assets.
“If this decision is made, there will be an absolutely symmetrical response from the Russian Federation,” the official said on the state TV channel Rossiya-24.
According to the minister, Russia has enough frozen European assets for the answer to have the same dimension.
The European assets in question include bank accounts, dividends and liabilities of “foreign counterparties from hostile countries,” Siluanov said.
“It’s all frozen. Profit received from these resources [pela Rússia, caso sejam confiscados] are important and can be used if the decision is made by our hostile partners,” the minister threatened.
The European Union announced on Monday its 12th round of sanctions against Russia over the war in Ukraine, adding that it was assessing the possibility of using proceeds from frozen Russian assets to help rebuild Ukraine.
“These emergency revenues would already be very significant. And the idea is to collect them together and then send them through the EU budget “as a bloc” for Ukraine and for the restoration of Ukraine,” explained the President of the European Commission at a meeting of the European Commission. end of October, Ursula von der Leyen.
The sanctions package also includes a ban on diamond imports from Russia, which earns about 4.5 billion euros annually from the sale of these precious stones, as of January 1.
The European Union froze about 19 billion euros from Russian oligarchs in the first months of the military campaign that Russia launched in Ukraine in February 2022.
In addition, the West blocked a total of 300 billion dollars (about 275 billion euros) of the gold and foreign exchange reserves of the Russian Central Bank.
On Tuesday, Russia assured that it would use all available means to circumvent sanctions on Russian diamonds, and a spokesman for the Russian president (the Kremlin) promised that the country would do “everything to protect and guarantee Russia’s interests.”
Author: Lusa
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.