Volume of frozen private Russian assets in EU exceeds €24B

Volume of frozen private Russian assets in EU exceeds €24B The volume of frozen assets of individuals and companies from Russia included in the EU sanctions lists is now about 24.1 billion euros, European Commission Spokesperson Christian Wigand said at a briefing in Brussels, Report informs.
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May 11, 2023 12:22
Volume of frozen private Russian assets in EU exceeds €24B

The volume of frozen assets of individuals and companies from Russia included in the EU sanctions lists is now about 24.1 billion euros, European Commission Spokesperson Christian Wigand said at a briefing in Brussels, Report informs.

“To date, we have frozen 24.1 billion euros’ worth of assets of sanctioned individuals and companies in the EU,” he said and underlined that the assets of sanctioned individuals and organizations are subject to freezing, "but not direct confiscation."

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