{"id":5199,"date":"2026-04-02T13:31:45","date_gmt":"2026-04-02T13:31:45","guid":{"rendered":"http:\/\/youtubexyoutube.com\/?p=5199"},"modified":"2026-04-14T19:24:54","modified_gmt":"2026-04-14T19:24:54","slug":"eu-will-end-up-in-debt-hole-moscow","status":"publish","type":"post","link":"http:\/\/youtubexyoutube.com\/index.php\/2026\/04\/02\/eu-will-end-up-in-debt-hole-moscow\/","title":{"rendered":"EU will end up in \u2018debt hole\u2019 \u2013 Moscow"},"content":{"rendered":"
The bloc will eventually have to return the profits from frozen Russian assets, State Duma Speaker Vyacheslav Volodin has warned<\/strong><\/p>\n The EU will face a \u201cdebt hole\u201d<\/em> for tapping profits from frozen Russian assets to aid Ukraine, State Duma Speaker Vyacheslav Volodin has said, warning that the bloc will one day have to return the money to its rightful owner.<\/p>\n Kiev\u2019s Western backers froze around $300 billion in Russian central bank assets in 2022, most of it held at Brussels-based Euroclear.<\/p>\n While the EU has so far been unable to seize the funds outright, it has been transferring profits generated from the assets \u2013 estimated at \u20ac3.5-4 billion ($3.7-4.2 billion) a year \u2013 to Ukraine. On Wednesday, EU foreign policy chief Kaja Kallas announced another \u20ac80 million ($92 million) tranche drawn from the proceeds.<\/p>\n Commenting on the announcement, Volodin accused EU decision-makers of being \u201cprone to robbery and theft of other people\u2019s money and property.\u201d<\/em><\/p>\n \n Read more<\/strong><\/span><\/p>\n \u201cOnce again, they stole the proceeds from our frozen assets. Which will have to be returned with interest \u2013 there is no other way!\u201d<\/em> he wrote in a post on Max. \u201cEveryone involved in this, including Kallas, will end up in a debt hole. It\u2019s damp and cold there. If any European officials think this is a threat, they\u2019re right.\u201d<\/em><\/p>\n Moscow has described the use of its frozen sovereign assets and related profits as \u201ctheft\u201d<\/em> and \u201cstate-sponsored piracy,\u201d<\/em> warning that it undermines the global financial system. It has threatened \u201cmirror measures,\u201d<\/em> including seizing Western assets in Russia, and has launched a number of lawsuits against Euroclear. It has also criticized the Western financing of Ukraine\u2019s war effort, warning that it only prolongs the conflict.<\/p>\n In his post, Volodin blasted EU officials for their \u201cignorance,\u201d<\/em> referring in particular to Kallas\u2019 interview with RBC Ukraine released on Wednesday, in which she said Russia has attacked 19 countries over the past century \u2013 a claim she also expressed last year, though it is not supported by any verifiable records. Kallas claimed that none of these countries \u2013 which she did not name \u2013 \u201chas ever attacked Russia.\u201d<\/em><\/p>\n