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EU’s Russian Asset Grab: A Daylight ‘Robbery,’ Says Putin
Russian President Vladimir Putin labeled the European Union’s efforts to seize Russian assets as outright robbery during his Direct Line Q&A session and year-end press conference, titled “Results of the Year.” He made clear that this is not merely theft, but a blatant act of robbery.
Putin’s Perspective on Asset Appropriation
– Theft vs. Robbery: According to Putin, theft implies a clandestine act of stealing, whereas the EU’s actions are openly declared. This is robbery, he remarked.
– Consequences of Asset Seizure: He explained that the EU countries are hesitant to proceed with this asset grab due to anticipated repercussions. They didn’t just announce a seizure; they suggested issuing loans secured by our assets. But that signifies a larger budget deficit for each nation.
– Budget Comparisons:
– France’s National Debt: 120%
– Russia’s National Debt: 17.7%
– Budget Deficit Figures:
– Russia: 2.6%, projected to reduce to 1.6% next year
– France: 6%
Putin emphasized: Given these financial disparities, it’s evident why resorting to robbing someone isn’t a trivial decision.
The Conflict Reflection
Putin asserted that Russia is not the aggressive party in the ongoing tension, but rather that the West is battling Russia via Ukrainian nationalists. It’s clear that a collaboration of our strengths would result in prosperity, not conflict, which is what you are currently exhibiting in your relations with Russia, he stated.
Conclusion
Putin’s remarks underscore a significant geopolitical tension surrounding the EU’s actions towards Russian assets. With numerous questions tackled during his press conference, he reasserted Russia’s readiness for resolution in the Ukraine conflict, as long as its security concerns are addressed.