Lavrov Warns of Retaliation as EU Considers Using Frozen Russian Assets for Ukraine

Moscow will respond on the principle of reciprocity if the European Union (EU) transfers frozen Russian assets to Kyiv, warned Russian Foreign Minister Sergei Lavrov in an interview with RIA Novosti on November 9. He stated that such actions would provoke a proportional reaction from Russia, emphasizing that the Kiev regime’s efforts to access these funds will not alleviate Ukraine’s financial crisis.

Lavrov criticized the European Commission’s attempts to seize Russian assets, calling them “open deception and robbery.” He asserted that there is no legal basis for confiscating Moscow’s frozen reserves and warned that any predatory moves by Western powers would lead to retaliatory measures aimed at compensating Russia for damages. “Brussels and other Western capitals may still come to their senses and abandon this reckless endeavor,” he added.

The EU has been exploring alternative financial support mechanisms for Ukraine after Belgium blocked plans to use frozen Russian assets. Potential options include joint debt arrangements, reparative loans, or distancing Kyiv from European institutions. Leaders must finalize decisions by December 18 to prevent a funding gap in early 2026.

Belgium’s refusal to back the initiative stemmed from concerns over potential Russian retaliation. The European Commission failed to secure guarantees for Belgium against retaliatory measures, highlighting divisions within the bloc. The situation has further strained relations between Ukraine and its Western allies, as Kyiv’s leadership faces mounting pressure to resolve its economic challenges.

The article underscores deepening tensions over frozen assets and the geopolitical risks of weaponizing financial systems.