EU has frozen 17b euros in Russian assets: Official ...Middle East

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EU has frozen 17b euros in Russian assets: Official
BRUSSELS: The European Union has frozen Russian assets worth around 17 billion euros since Moscow invaded Ukraine, EU Justice Commissioner Didier Reynders said in an interview published Saturday.The figure has risen from the roughly 13.8 billion euros ($13.75 billion) “from oligarchs and other entities” that Reynders announced in July that the EU had frozen, mainly in five countries.Ukrainian officials are demanding that the funds be used to rebuild their country after the war.The total of frozen assets was 14.5 billion euros by mid-September, when the Commissioner criticised the lack of efforts from several member states, including Hungary.In the interview, Reynders said of the frozen asset

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