Russia warns the West of a very harsh response if its assets are stolen. The European Union adopted a law to reserve profits on the frozen assets of the Russian Central Bank.
Russia says that if its properties are seized, it will also confiscate American, European and other assets. Last month, Moscow hinted at the possibility of confiscating assets of Western countries worth $288 billion if these countries confiscated their assets for use in the reconstruction of Ukraine, according to what the Russian Information Agency reported. The U.S. and its allies banned transactions with Russia's Central Bank and the Russian Ministry of Finance in February 2022.