EU intends to use Russian assets as compensation of loan for Kiev

The European Union has reserved for itself the right to use frozen Russian assets to compensate the "reparation loan" worth 90 bln euro that was extended to Ukraine, the EU Council said in its regulation posted on the EU Official Journal.

"The assets of the Central Bank of Russia will remain immobilized and the Union reserves the right to make use of them to repay the loan," the document indicates.

  Russian Security Council Deputy Chairman Dmitry Medvedev said the European Union’s €90 billion loan to Ukraine is taken from Europeans’ pockets and will not be repaid.

"The EU is finally giving the long-awaited loan to the Kiev thief, and the money doesn’t have to be paid back, because in Brussels’ imbecile logic, it’s Russia who’s going to foot the bill. Enjoy getting played again, Europeans — that’s €90 billion out of your pockets!" he wrote on X.