EU Nations Have Frozen More Than $32 Billion in Russian Assets
- Bloc’s new Freeze and Seize task force reports latest numbers
- EU urges nations to report back about sanctions enforcement
The Dilbar superyacht, owned by Russian billionaire Alisher Usmanov, under cover while undergoing refitting in Hamburg, Germany, on March 4.
Photographer: Imke Lass/BloombergThis article is for subscribers only.
European Union nations have frozen some 29.5 billion euros ($32.1 billion) in assets linked to Russian and Belarusian individuals and entities since the bloc adopted its first sanctions over Russia’s invasion of Ukraine.
The EU’s new “freeze and seize” task force said that more than half of the bloc’s 27 member nations have informed it about the measures they have taken to enforce sanctions since the new team was created last month to better coordinate efforts.