This is quite a large amount. Earlier, Budapest blocked two million forints (three thousand euros).
Hungary has frozen Russian assets worth 350 billion forints, or 870 million euros. This was reported by the Nepszava publication.
It is noted that this is a fairly significant amount, especially if you remember how much Budapest blocked last time – 1.2 million forints, or 3 thousand euros.
According to the newspaper, the significant sanctions assets were discovered in Hungary as the struggle between Viktor Orban’s government for EU funds intensified in Brussels.
“Maybe it’s just a coincidence, in any case, it’s worth noting: significant sanctioned assets were discovered in Hungary in November, just when the fight for EU funds in Brussels increased, because the EC announced on last month that it would recommend freezing part of the subsidies for Hungary,” the publication said.
According to Nepszava, the private assets of the Russian Federation frozen in the EU member states are about 19 billion euros. According to the latest data, for example, in Italy it is 2.3 billion euros, in Germany – 2.2 billion, in Austria – almost 1.8 billion, in Bulgaria – 11.3 million, in the Czech Republic – 10.8 million, Slovakia – 4.9 million euros.
At the same time, the real value of the seized property of the Russian state is unknown.
It was previously reported that the EU supported the suspension of funding for Hungary for €6.3 billion.
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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.