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June 27
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EU states have announced the freezing of about 23 billion euros of assets of the Central Bank of Russia, Reuters reported.

Russia has noted that Western sanctions have resulted in the freezing of about $300 billion of its central bank assets around the world.

Of these frozen assets, only less than one-tenth is in the EU, according to information the European Commission has received from 27 EU governments, European Commissioner for Justice Didier Reynders said at a press conference.

According to him, about 23 billion euros have been frozen in the EU since the start of the war in Ukraine in February, a figure that is negligible compared to the $100 billion frozen by the United States.

In addition to this, the EU countries also froze around 10 billion euros of individuals' assets, such as yachts and villas, allegedly linked to Russian oligarchs and officials.

Many EU governments have traditionally been cautious about fully complying with EU sanctions, and some of them have refused to speak publicly about whether they have frozen Russian assets.

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