Russia said today that EU foreign policy chief Josep Borrell's proposal to take 90% of the proceeds from Russian assets frozen in Europe and use it to buy arms for Ukraine was “robbery and theft”. . Under Borel's plan, income from Russian assets, such as interest, would be transferred to the European Peace Fund, a fund outside the EU budget that provides military aid to countries outside the EU and has been used mainly for Ukraine . The Kremlin said such plans, if implemented, would damage Europe's reputation as a reliable guardian of property rights and lead to years of court action. “Europeans are well aware of the damage such decisions can do to their economy, their image and their reputation as reliable, so to speak, guarantors of the inviolability of property,” Kremlin spokesman Dmitry Peskov said. […]
Source: News Beast
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