MOSCOW — Russia’s acting permanent representative to the EU, Kirill Logvinov, on Tuesday accused the European Union of committing an economic crime on a global scale by using frozen Russian assets to fund Ukraine, Russia’s TASS news agency reported.
EU lawmakers on Tuesday approved the bloc’s plan to use frozen Russian central bank assets to loan up to 35 billion euros ($38 billion) to its ally Ukraine.
The Group of Seven major Western powers plan to provide an overall loan of $50 billion to help Kyiv, serviced by profits generated by Russian assets immobilized in the West after Moscow sent its troops into Ukraine in February 2022.