The Kremlin has reacted sharply to an initiative by European leaders to provide Ukraine with a $165 billion loan using profits or guarantees from frozen Russian assetsThe New York Times reported the information. Kremlin spokesman Dmitry Peskov stated that Moscow sees no difference between direct confiscation and a credit scheme built on these funds. The reaction intensified after Russian dictator Vladimir Putin signed a decree accelerating the redistribution of foreign assets within Russia. Analysts believe that Moscow may respond in kind—by freezing or seizing the property of companies and citizens from countries that support the loan for Ukraine. Experts do not rule out new attacks on foreign assets in Russia, including their confiscation or use as collateral for Russia’s own loans.