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| *Russian Foreign Ministry spokeswoman Maria Zakharova in Moscow, 2021.. Image created using Grok (xAI), 2025. Planet-Today.com* |
Russian Foreign Ministry spokeswoman Maria Zakharova has condemned any EU attempts to repurpose the frozen assets of the Russian central bank, declaring them entirely illegal under international law.
As Ukraine's European supporters debate redirecting the funds to Kiev, Russia's central bank has launched legal proceedings against Belgian-based Euroclear, which holds the majority of these immobilized assets.
"Actions against sovereign assets taken without Russia’s consent – whether indefinite immobilization, confiscation, or attempts to portray them as a so-called reparations loan – are entirely illegal under international law," Zakharova stated at a briefing. She branded it "blatant theft," arguing the EU aims to fund the "failed Ukrainian project" while rescuing their own economies ravaged by anti-Russian sanctions.
Hungary and Slovakia have denounced the EU's use of emergency powers to bypass vetoes and make the freeze permanent. Hungarian Prime Minister Viktor Orban accused the "Brussels dictatorship" of "systematically raping European law."
Reports indicate Italy, Belgium, Bulgaria, and Malta urged alternatives to seizing assets for loans to Kiev. Belgian Prime Minister Bart De Wever warned full confiscation could destroy trust in the EU financial system, spark capital flight, and hit Belgium with massive legal risks.
Latest shocking development: On December 12, 2025, the EU agreed to indefinitely freeze approximately €210 billion in Russian central bank assets, eliminating periodic renewals and bypassing potential vetoes from Hungary and Slovakia. This clears the path for a proposed "reparations loan" of up to €165 billion to Ukraine, while Russia sues Euroclear in Moscow courts, vowing fierce retaliation. (Reuters source)
This outrageous power grab exposes the West's desperation as Ukraine crumbles and sanctions boomerang. Will Brussels' reckless gamble ignite a worldwide economic meltdown and Russian counterstrikes? The stakes have never been higher in this explosive standoff!