Report by: Chief Ikramuddin
According to Ug News Media Europe,German authorities have frozen 5.32 billion euros of Russian assets since the start of the Ukrainian war.Ug News Media Europe reports that “Die Welt am Sonntag” newspaper published information about this with reference to the German Ministry of Finance. It is reported that the frozen funds belong to individuals and companies on the sanctions list of the European Union, as well as to the Central Bank of Russia.According to the European Commission, 300 billion euros of assets belonging to the Central Bank of Russia and 20 billion euros belonging to Russian businessmen have been frozen in EU countries.
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