The European Union has made a final decision regarding frozen assets of Russia.
The European Union has refrained from confiscating frozen assets of Russia until it stops its war against Ukraine. This is stated in a statement published on the website of the European Council. The EU has declared its readiness to increase pressure on Russia by imposing additional sanctions.
According to EU legislation, Russian assets must remain frozen until Russia stops its aggressive war against Ukraine and compensates for the damage caused by this war
The European Union is trying to ensure peace processes and is assisting Ukraine. Official Brussels also plans to increase pressure on Russia by imposing additional sanctions and tightening control over their implementation.
Frozen assets of the Central Bank of Russia amounting to almost 280 billion euros have been identified abroad since the beginning of the Russian invasion of Ukraine. Most of these assets are held in the countries of the European Union.
It was previously reported that Russia is preparing to use Bitcoin and cryptocurrency for a 'price bomb'.
Read also
- US Commander in Europe warns against withdrawing American troops from the continent
- Preparation for Possible Attack by the Russian Federation: The European Union Creates a Fund for Purchasing Weapons
- Ukraine opened a new border crossing point with Hungary
- Mineral Agreement: Ukrainian Delegation to Discuss Revenue Share with Trump
- Ukraine has captured Chinese citizens in the Russian army: Zelensky urgently appealed to Beijing
- The Defense Forces assessed the threat of a Russian landing on the south
