European Commission: The amount of frozen private assets of Russia in the European Union exceeds 24 billion euros

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European Commission representative Christian Wiegand said that the assets of individuals and companies in the Russian Federation frozen on the European Union’s sanctions list are currently around 24.1 billion euros.Wiegand said this in a briefing to reporters. DEA News.

We froze the assets of people and companies sanctioned in the EU for approximately 24.1 billion euros,” he said.

The European Commission representative added that the assets of sanctioned individuals and companies could be frozen, but not “directly confiscated”.

TASS, previously referring to Alexei Guznov, Deputy Governor of the Bank of Russia trains several lawsuits as part of efforts to return international reserves. Guznov noted that the work on the return of international reserves “cannot be noisy.”

In the spring of 2022, the Ministry of Finance estimated the amount of gold and foreign currency reserves blocked by Russia at $300 billion. Reserves were frozen as part of anti-Russian sanctions. In response, the Russian Federation imposed mirror restrictions, freezing a similar amount of foreign capital in the country.

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