Russia will respond symmetrically to the EU’s use of income from frozen assets
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Finance Minister Anton Siluanov said Russia will take mirror measures if its assets in Europe are confiscated. The answer will also be symmetrical to the possible use of income from Russian funds frozen in the EU.
“There are enough funds in the “C” accounts for this,” the minister emphasized.
Type C account is a bank account on which funds of non-residents are blocked. It is intended for transactions involving the purchase and sale by non-residents of foreign currency for rubles. As of April 1, 2023, the volume of funds in type C accounts in the DIA was estimated at 477 billion rubles.
The news is being updated.
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