European Union has frozen 35 billion euros in Russian assets

The European Union has frozen 35 billion euros in Russian assets over the war in Ukraine.

Source: European Commission

“European Union countries froze 35 billion euros ($39 billion) of assets in response to Russia’s invasion of Ukraine during the first 5 1/2 weeks of the war, with France topping the list, having frozen goods and capital worth 23.5 billion euros. Germany, the EU’s largest economy, trailed France, seizing assets worth 341,600 euros. Belgium had asset freezes worth 10 billion euros, which includes the impact of disconnecting seven Russian banks from the SWIFT international payment system. Italy’s total was 1.1 billion euros, with frozen assets, including yachts and real estate in Sardinia and Tuscany. Ireland accounted for asset freezes worth 839 million euros, the Netherlands for 516 million euros, and Denmark for 4,195 euros.”


See also: The World Bank will provide Ukraine with $ 4.8 billion – President of Ukraine


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