The German Ministry of Economy estimates the volume of frozen Russian assets in the country to be 5.23 billion euros

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By April 12, the German government had frozen Russian assets worth 5.23 billion euros. In this respect informs RIA News.

“As of April 12, 5.23 billion euros were frozen,” said Beate Baron, spokesperson for the German Ministry of Economy.

In the spring, the Ministry of Finance of the Russian Federation estimated the amount of international reserves of Russia frozen in the West at $ 300 billion, the total amount of frozen assets of the West in Russia is estimated to be about the same.

May 16 Elvira Nabiullina, Governor of the Central Bank of the Russian Federation allowed Exchange of shares blocked in Russia for future frozen securities in the West. But this, he says, “needs the interest of the second party.” According to the head of the Central Bank, so far there is no talk of a “total exchange” of assets.

Alexei Guznov, Deputy Governor of the Central Bank of Russia, St. Petersburg Law Forum knowledgeable regarding the preparation of various claims by the regulator as part of the work on the return of international reserves. At the same time, he noted that such work “cannot be done out loud.”

On April 19, 2022, Nabiullina announced that the Central Bank would file a lawsuit for the return of blocked reserves.

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