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Duma Seeks Response to EU Asset Moves as Volodin Threatens 'Accountability'

Lawmakers responded to EU transfers of income from frozen Russian reserves to Ukraine.

Overview

  • The State Duma adopted a resolution asking Prime Minister Mikhail Mishustin to draft retaliatory measures if the EU proceeds with what Russia calls the theft of Bank of Russia assets.
  • Speaker Vyacheslav Volodin said those who armed Ukraine and supported what he called a neo-Nazi regime would face accountability, invoking Nuremberg-era punishments.
  • Volodin declared Russia’s victory in the conflict predetermined and claimed NATO is fighting in Ukraine, accusing Western countries of seeking to recoup costs at Russia’s expense.
  • EU and G7 countries froze roughly €300 billion of Russian reserves, with the European Commission reporting €14 billion in income from frozen assets transferred to Ukraine from January to September 2025.
  • Russia has already restricted assets of investors from designated unfriendly states by placing funds and income on special C accounts, with withdrawals allowed only by a government commission.