The representative of the European Commission, Christian Wiegand, stated that the member states of the European Union have frozen more than 200 billion euros of the assets of the Bank of Russia (the Central Bank of Russia).
The European official said, “The European Union countries reported the freezing of more than 200 billion euros of assets belonging to the Russian Central Bank.”
The representative of the European Commission recommended contacting member states to determine the value of the frozen assets of the Russian regulator.
After Russia launched a military operation in Ukraine, Western countries imposed sanctions on Moscow, within which they froze the assets of the Russian Central Bank and Russian businessmen.
For its part, Moscow criticized the move and said it was illegal, stressing that the sword of freezing assets has two edges, and that it will defend its rights.
This article was originally published by RT.
