The value of the frozen assets of Russia’s oligarchs has nearly doubled from 6.7 billion euros in April to more than 12.5 billion euros.
As a result of EU sanctions, Russia’s oligarchs and institutions have lost access to assets worth more than 12.5 billion euros (about $ 13 billion). This was stated by the official representative of the European Commission for Justice Christian Wiegand, reports DW.
According to Wiegand, the value of the frozen assets of Russia’s oligarchs has almost doubled from 6.7 billion euros in April to more than 12.5 billion euros.
This is due to the fact that in recent weeks many objects belonging to the oligarchs of the Russian Federation have been identified and blocked, especially in Germany.
EU sanctions against Russia: 65 new names on the list
Recall, on June 3, the EU Council approved the sixth package of anti-Russian sanctions affecting the economic sector, as well as a number of individuals from Russia and Belarus. The most painful for Moscow was the partial oil embargo.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.