Russia promises to respond in kind if EU uses its frozen assets

Russia on Thursday promised to respond in kind should the European Union go ahead with a plan to ringfence profits generated from Russia's frozen assets in the EU and hand them to Ukraine.
The EU is proposing using the income generated from around $300 billion of frozen funds from Russian central bank reserves - and could ultimately collect around $16 billion.

“We also have enough assets that are frozen here, in type-C accounts,” Finance Minister Anton Siluanov said in an interview on the Russia 24 TV channel.