russian assets worth over EUR 4 billion blocked in Germany

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Date

28 Dec 2023


"As of the beginning of December, assets worth about 4.1 billion euros have been sanctioned in Germany in connection with russia's aggressive war against Ukraine," Nojinan Niminde-Dundadengar, a spokesman for the German Ministry of Finance, said at a briefing.

 

The ministry representative explained that this is "frozen money, economic resources of individuals, blocked money of the russian central bank."

 

German Foreign Ministry spokesperson Christian Wagner, in turn, recalled the G7 decision when its members agreed to "make efforts to ensure that russia pays for the reconstruction of Ukraine in the long term," for which it was decided to freeze russian state assets in accordance with the legal systems of the member states. To this end, a register of damage caused during the aggression was also launched, which Wagner called an important step.

 

Source: Ukrinform