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Al Jazeera
Al Jazeera
World

Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’

President Vladimir Putin delivers a speech during a meeting with foreign ministry officials in Moscow [Maxim Shemetov/Reuters]

Russia’s President Vladimir Putin denounced an agreement by Western countries to provide Ukraine with a loan package using frozen Russian assets and pledged retaliation.

Speaking at a meeting on Friday with officials from the foreign ministry, Putin said leaders in the West were trying to come up with “some kind of legal basis” for the asset freezes, “but despite all the trickery theft is still theft and will not go unpunished”.

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