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Russia Warns EU After Bloc For First Time Gives ‘Illegal Theft’ Money To Ukraine From Frozen Assets

Published on Aug 30, 2024 08:08 pm IST

In a bold move, the EU has transferred $1.5 billion from frozen Russian assets to Ukraine, marking the first time these funds have been used to directly finance Kyiv's war effort. As NATO allies waver, the EU steps up its support, fueling Ukraine's military and reconstruction needs. Moscow has condemned the asset freeze as "illegal" and warned of severe retaliation.

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