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The EU confirmed the freezing of 200 billion euros of Russia

The European Commission is working hard to ensure that Russian funds are used in the interests of Ukraine, said Christian Wiegand.

EU countries have frozen the assets of the Central Bank of Russia for a total amount of more than 200 billion euros. This is what the spokesperson of the European Commission, Christian Wiegand, said in a briefing in Brussels on Thursday, May 25.

“According to the tenth package of sanctions, operators and Member States are required to report to the European Commission about the frozen assets of the Russian Central Bank. The cut-off date is May 12. The Member States have submitted report and it is worth more than 200 billion euros of frozen assets of the Russian Central Bank,” said the press. secretary and added that individual EU countries should be questioned about the location of assets.

When asked about plans to use the frozen funds of the Russian Federation for the interests of Ukraine, Wiegand replied: “We are working on it. We are determined. We want Russia to pay for the damage caused to Ukraine.”

According to him, one of the options offered to EU member states is to use the assets of the Central Bank of Russia.

“We can think about the interest (for the capital), etc. The discussions are continuing in the ad hoc working group of the EU Council, which cooperates with the Swedish presidency. The last meeting was held yesterday,” said Wiegand.

Earlier, Prime Minister Denys Shmyhal said Western countries had frozen Russian assets worth $300 to $500 billion. In turn, Ukraine is lobbying for the adoption of a new international agreement to confiscate Russian assets.

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Source: korrespondent

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