Russia threatens to seize EU assets over frozen funds dispute

Russia will confiscate assets belonging to European Union states it deems unfriendly if the bloc "steals" frozen Russian funds in a drive to fund Ukraine, a top ally of President Vladimir Putin said on Sunday. Ursula von der Leyen, the president of the European Commission, said on Friday that the EU executive was working on a proposal to pool some of the profits derived from frozen Russian state assets to help Ukraine and its post-war reconstruction.