Economy

Kremlin Calls Czech Republic's Move to Freeze Russian State Assets Illegal

Kremlin Calls Czech Republic's Move to Freeze Russian State Assets Illegal

The Kremlin stated on Thursday that the decision by the Czech Republic to freeze assets owned by the Russian state is illegal and that Moscow may respond to what it described as a hostile move. The Czech government announced on Wednesday that it had frozen state-owned Russian properties on its territory as part of an expansion of sanctions imposed on Russia due to Moscow's war in Ukraine. Kremlin spokesman Dmitry Peskov noted that the Czech action is illegal under international law and that Moscow will consider it.

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