[HIGHLIGHTS] The US State Department praised the EU for steps to use frozen Russian assets

The US State Department praised the EU for steps to use frozen Russian assets. The US continues to talk with allies and partners about what steps can be taken to “ensure that Russia pays for the damage it has caused,” a State Department spokesman said.

The Russian Foreign Ministry warned that any attempts to deprive it of ownership of its sovereign reserves will entail harsh retaliatory measures. The EU regulation provides the possibility of using profits from frozenRussian assets in the future to provide assistance to Ukraine.