EU blocks more than €200 billion in Russian Central Bank assets

EU blocks more than €200 billion in Russian Central Bank assets
# 25 May 2023 15:13 (UTC +04:00)

The European Union has immobilized more than €200 billion ($215 billion) in Russian central bank assets since the war in Ukraine, APA reports citing Bloomberg.

EU nations reported the new numbers on the blocked assets following the 10th sanctions package, which forced banks to divulge information on the size of their holdings.

Note that the President of the European Commission, Ursula von der Leyen, previously announced that EU countries have frozen assets worth €300 billion belonging to the Russian Central Bank.

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