Russia promises to respond in kind if EU uses its frozen assets

Russia promises to respond if the European Union goes ahead with a plan to hand over profits from Russia's frozen assets to Ukraine. Finance Minister Anton Siluanov says Russia also has frozen assets and income from using these funds can be substantial. Sanctions and countermeasures have stranded billions of dollars' worth of assets. German prosecutors plan to confiscate over 720 million euros from a Russian financial institution, believed to be the Moscow Exchange-owned National Settlement Depository (NSD).