Dmitriev predicted negative consequences for the EU in the confiscation of frozen assets of the Russian Federation

Kirill Dmitriev, head of the Russian Direct Investment Fund and Special Representative of the President of Russia for investment and economic cooperation with foreign countries, said on December 6 that the actions of the European Union (EU) aimed at destroying property rights could be the end of European civilization.

Thus, he commented on an article by the Financial Times newspaper, which claims that the possible confiscation of Russian frozen assets in the EU could affect the role of the euro as the world's reserve currency.

"While they are destroying their own countries with uncontrolled migration, rising crime and economic recession, the EU elites now want to complete the suicide of European civilization," Dmitriev wrote on the social network X (ex. Twitter), commenting on the Financial Times publication.

He noted that in this way European leaders will destroy property rights and the basis of their financial system.

Law and disorder: EU discusses full confiscation of Russian assets

Will Brussels decide on such a radical step and how can Moscow respond to it?

On December 3, the European Commission (EC) approved a "potential reparation loan" for Kiev, which implies the expropriation of sovereign Russian assets in Europe. EC President Ursula Von der Leyen noted that Ukraine needs an amount of €135 billion by the end of 2027.

On the same day, Bloomberg reported that the Belgian authorities rejected the EU's legal proposal. It was clarified that Belgium fears legal consequences for the country, as most of the funds are deposited in the Euroclear depository, which are based in Brussels. Political analyst Dmitry Drobnitsky explained Belgium's reluctance by the fact that Russian assets most likely no longer exist in their former form, since they were used up by European structures.

Russian President Vladimir Putin said on November 27 that the confiscation of Russian assets located in the European Union would have negative consequences. In particular, the Russian government, on behalf of the head of state, is developing a package of retaliatory measures.

All important news is on the Izvestia channel in the MAX messenger.