Since the beginning of full-scale Russian aggression, the EU has frozen the assets of the aggressor country by almost 14 billion euros.
European Commissioner for Justice Didier Reynders listed the leading countries in terms of frozen Russian assets in the European Union (EU) – among them Germany, France, Austria, Ireland, Belgium and Luxembourg.
Reinders’ statement quotes Head of the Office of the President Andriy Yermak.
In particular, it is noted that these six countries account for about €13 billion of the nearly €14 billion of frozen Russian assets in the European Union. In this regard, Reynders criticized EU member states for not freezing enough Russian assets.
There are six member states that do this work (block assets – Ed.) We have a situation where some member states provide us with a lot of information, others, on the contrary, very little, the European Commissioner emphasized.
Prior to this, Reynders said that the EU will adopt a directive in October that will allow confiscation of arrested assets of the Russian Federation in case of circumvention of sanctions.
The seventh package of sanctions against the Russian Federation
The European Commission on 15 July approved a joint proposal for new package of measures in order to maintain and strengthen the effectiveness of the six comprehensive and unprecedented packages of sanctions against Russia.
The 7th package provides for the introduction of a ban on the import of Russian gold, while strengthening export controls on dual-use goods and advanced technologies.