Russian President Vladimir Putin holds his annual end-of-year press conference in Moscow on December 19, 2025. AFP
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Firstpost19-12-2025, 15:48

Putin Warns of 'Severe Consequences' for 'Robbers' Using Frozen Russian Assets

  • Russian President Vladimir Putin called using frozen assets "robbery" and warned of "severe consequences" for those involved.
  • The European Union agreed to provide a 90 billion euro (approx $106 billion) loan to Ukraine for 2026-27.
  • The decision to use 200 billion euros of frozen Russian central bank assets to fund Ukraine was put on hold.
  • Belgium, holding the majority of Russian assets, resisted the plan due to demands for liability guarantees.
  • Ukraine needs an estimated 135 billion euros ($159 billion) over two years; President Zelensky advocates using Russian assets.

Why It Matters: Putin threatens severe retaliation if frozen Russian assets are used, while EU provides Ukraine a loan.

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