The EU froze 30 billion euro in the assets of the oligarchs from Russia and Belarus.  They lost yachts and real estate

The EU froze 30 billion euro in the assets of the oligarchs from Russia and Belarus. They lost yachts and real estate

The frozen assets include bank accounts, yachts, helicopters, and works of art, it said Friday. She stressed that the mere imposition is not enough, as they need implementation and enforcement.

So far, the EU has frozen assets of EUR 29.5 billion worth of Russian and Belarusian members linked to the Kremlin. In addition, the Member States blocked the transactions of the oligarchs and persons subject to sanctions for almost EUR 196 billion.

You can read more about the sanctions against Russia on the home page

The European Union has created a task force. He deals with the frozen assets of the oligarchs

The Commission has provided data on frozen assets that it has received from around half of the EU’s Member States and has urged countries that have not yet sent information to Brussels on the matter.

A task force has been established in Brussels to deal with frozen assets and blocked bank accounts of Russian and Belarusian oligarchs. The European Union is cooperating on this matter with Ukraine and the United States.

Help Ukraine, join the collection. You deposit money on the website

Assets of Russian oligarchs have been frozen. Belgium, Switzerland, Luxembourg and the Netherlands provided data

In response to the Russian invasion of Ukraine, the West struck Russia with sanctions. In recent days, some countries have revealed how much Russian money they have frozen in connection with the sanctions. On Thursday, they belong to the oligarchs, reports the Reuters Agency. The Swiss estimate that the Russians keep 150-200 billion francs in their country. However, the sanctions cover 900 people, and not every Russian.

A relatively large amount, given the size of the country, was blocked by Luxembourg. There, Russian assets worth 2.5 billion euros were frozen. Belgium, in turn, informed that the property of 877 people and 62 entities had been frozen in the country. The total value of blocked transactions is EUR 196 billion, but the frozen assets are valued at EUR 2.7 billion.

The Netherlands was supposed to freeze just EUR 516 million. The media noted that the country did not take over a single property, while in France hundreds of them were seized. At the same time, the French informed on March 23 that they had frozen assets worth over EUR 800 million.

Source: Gazeta

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