EU has frozen $70 billion in Russian assets – Politico ...News

Economy by : (Russia Today) -
Exactly how much of that sum consists of the country's forex reserves is still unknown, the outlet says, citing an official document Roughly €68 billion ($70 billion) in Russian assets have been frozen by the EU, most of which are in Belgium, Politico reported on Friday.   The outlet cited an internal document covering a wide-range of aspects of the European Commission's interactions and Ukraine.   The bulk of the frozen Russian property is in Belgium, worth €50 billion ($51 billion), while €5.5 billion ($5.7 billion) is in Luxemburg. These two countries together with Italy, Germany, Ireland, Austria, and France a

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