Headline: Russia/Logvinov: EU Commits Economic Crime by Handing Over Russian Assets to Kyiv

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Headline: Russia/Logvinov: EU Commits Economic Crime by Handing Over Russian Assets to Kyiv

Kirill Logvinov, Russia's deputy permanent representative to the EU, accused the European Union of committing a global economic crime by using frozen Russian assets to finance Ukraine, according to a statement made to TASS. EU lawmakers approved the plan for the EU to use frozen Russian Central Bank assets to provide up to 35 billion euros in loans to its ally Ukraine. The G7 plans to provide a total of 50 billion dollars in loans to aid Kyiv, utilizing proceeds from inactive Russian assets in the West following Moscow's deployment of troops to Ukraine in February 2022.