Kremlin Warns of Serious Consequences if West Seizes Russian Assets

Overview

• The presidential press secretary told Izvestia that any confiscation would not go unanswered and would have very serious consequences.
• He said officials already understand how they would act after the president involved the government in preparations.
• RIA Novosti published the remarks on December 10 as Western governments discuss possible use of frozen Russian holdings.
• Euroclear’s chief warned that a proposed reparations loan backed by Russian assets enters uncharted territory and poses financial‑stability risks.
• EU and G7 measures have locked up roughly half of Russia’s reserves, with over €200 billion in the EU, while Moscow channels funds for investors from unfriendly states into restricted C accounts.