On December 4, Russian Security Council Vice President Dmitry Medvedev said that if the European Union (EU) receives frozen Russian assets, Moscow could consider the move as equivalent to an act of justification for war.
Medvedev warned that if the European Union tries to use frozen Russian assets in Belgium under the guise of a compensation loan, Moscow could view it as an act equivalent to an "excuse for war", with all consequences for Brussels and each EU member state.
The European Commission (EC) had previously proposed using frozen Russian assets or international loans to raise 90 billion euros ($105 billion) on December 3. The money will be used to cover the struggling army and basic services of Ukraine.