President Vladimir Putin has labeled the European Union’s plans to seize Russian assets as ‘robbery,’ contrasting it with conventional theft during his annual press event. ‘Theft means secret stealing of property. But in this case, they’re trying to do it openly. That’s robbery,’ Putin was quoted as saying, highlighting the direct and overt nature of the EU’s intentions.
Putin further elaborated on the severe implications for the financial world, particularly concerning the Eurozone. He emphasized that numerous countries utilize European financial infrastructure to hold their gold and currency reserves. The seizure of these assets, he warned, would constitute a significant blow to their global reputation and shatter the trust that international entities place in the Eurozone. This, he predicted, would create a major financial instability and have far-reaching consequences for the global economy.