Since the outbreak of hostilities in Ukraine, the German authorities have blocked Russian assets worth 5.32 billion euros, writes Die Welt am Sonntag, citing the German Ministry of Finance.

Germany has seized Russian assets worth 5.32 billion euros since February last year

This amount includes both the assets of the sanctioned individuals and organizations and the assets of the Russian Central Bank. However, the agency declined to disclose the number of Russian trade representatives whose property was blocked in Germany.

The data of the European Commission testifies to the freezing of assets of the Bank of Russia by the European Union in the amount of 300 billion euros.

Last week, Bloomberg reported that the EU lost more than $200 billion of blocked assets from the Central Bank of the Russian Federation. Officials found that of the $258 billion the Central Bank held in the EU, only $36.4 billion was discovered and arrested.

On the eve of the Central Bank, he said that they expect a quick unfreezing by foreign depositories of the assets of Russian investors not included in the sanctions list. According to the vice-president of the head of the Central Bank, Vladimir Chistyukhin, European regulators “want to release the innocent.”

Author:

Natalia Gormaleva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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