Russia says EU will feel 'full measure' of retaliation over frozen assets plan

The European Union will feel the "full measure" of Russian retaliation over its plan to use income from frozen Russian assets to help Ukraine, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday. EU countries have formally adopted a plan to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the Belgian government said on Tuesday. Russia says such action is illegal and undermines the foundations of the global financial system.

Related Keywords

Moscow , Moskva , Russia , Belgium , United States , Ukraine , Russian , Belgian , Janet Yellen , Maria Zakharova , Russian Foreign Ministry , European Union , Secretary Janet Yellen , Felix Light , Alexander Marrow , Mark Trevelyan ,