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EU freezes Russian assets worth $13.8 billion: Commission

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Al-Araby

The European Union has frozen Russian assets worth $13.8 billion since Russia invaded Ukraine on February 24, EU Justice Commissioner Didier Reynders said on Tuesday. “For the moment, we have frozen — coming from oligarchs and other entities — 13.8 billion euros ($13.8 billion), so it’s quite huge,” Reynders told reporters in Prague. “But I must say that a very large part of it, more than 12 billion … is coming from five member states,” he added ahead of an informal meeting of EU justice ministers held by the Czech Republic, which holds the rotating EU presidency. He refused to name the fi…

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