The Russian foreign ministry has issued a warning to leaders of the Group of Seven countries in response to their decision to provide Ukraine with a $50 billion loan using profits from frozen Russian investments. The ministry spokesperson, Maria Zakharova, described the agreement as an 'illegal initiative' that could have negative consequences for the financial system.
Zakharova emphasized that the use of frozen Russian assets for the loan could lead to 'cataclysmic crises' and threatened 'painful' retaliatory measures against the G7 countries. She pointed out that there are significant European assets and funds in Russia, making Brussels vulnerable to potential consequences.
