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Russia Threatens EU Over Ukraine Loan

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Russia Threatens EU Over Ukraine Loan

Former Russian President Dmitry Medvedev threatened legal action against any EU country using sanctioned Russian assets to fund a loan for Ukraine. Medvedev, responding to a POLITICO article detailing the EU's plan to leverage frozen Russian funds held at the European Central Bank, vowed to pursue legal action in national and international courts. The EU's proposed "Reparations Loan" aims to circumvent legal challenges by swapping frozen assets for eurobonds. Medvedev's strong reaction underscores the escalating tensions surrounding the use of frozen Russian assets in the ongoing conflict.

Prepared by Lauren Mitchell and reviewed by editorial team.

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