Putin warns EU leaders of ‘grave consequences’ if Russia robbed of frozen assets

Putin warns EU leaders of 'grave consequences' if Russia robbed of frozen assetsReuters

Transcript

00:00Mr. Putin, colleagues, there is a very important piece of news from Brussels.

00:07There was the failure, it was a real failure to take their assets.

00:12They cannot steal them, but they are trying, but still they cannot do this.

00:17Well, stealing is not really a correct definition for that.

00:22Stealing, this is when someone is doing it secretly and they are doing it openly.

00:27This is a robbery. This is a robbery.

00:32Why they fail to do this?

00:36Why they fail to implement this robbery?

00:38Because the consequences can be really harsh for the robbers.

00:43Why is that?

00:45It's really hard to do that because they declare that they are not going to rob it, to take it.

00:54The idea is to make a credit.

00:57Using our assets, but you cannot just give out a loan.

01:06This will make consequences for the budget of a country and increases the budget debt of every country.

01:13If someone gives a loan, even secured by our foreign assets, it must be reflected in the budget of a country that does it.