The European Union has frozen Russian assets worth €68 billion, Politico reports citing a European Commission document.
Most of them – €50 billion – are in Belgium, €5.5 billion – in Luxembourg. They, as well as Italy, Germany, Ireland, Austria and France, account for 90% of Russian assets. The European Union does not know the exact amount attributable to Russia's national reserves, but suggests that it is about €33.8 billion. Politico sources say it is too early to talk about a specific figure.
In mid-October, Bloomberg wrote that the EU intends to impose secondary sanctions against individuals and entities that helped sanctioned individuals bypass restrictions, and also plans to seize frozen Russian assets to help Ukraine.
