Kremlin condemns EU transfer of profits from frozen Russian assets to Ukraine as illegal ‘theft’

The Kremlin said on Thursday that it viewed the European Union’s decision to transfer revenue from frozen Russian assets to Ukraine as illegal and a form of theft.

In August, the European Commission said the bloc would give Kyiv $1.6 billion, taken from interest on cash balances, part of Russian central bank assets frozen by the EU because of the war in Ukraine.

This is a developing story.

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