Espreso. Global

European Commission freezes Russian assets worth €20 billion 

23 December, 2022 Friday
04:54

The EU froze €20 billion in Russian assets, Russian imports and exports fell by 20.8 and 12.3%, respectively

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This was reported by the press service of the European Commission on Twitter.

"Sanctions are essential to preventing Russia’s ability to wage war," the report said.

Therefore, the European Union has frozen €20 billion of Russian assets in total.  In addition, due to sanctions, Russian imports and exports decreased by 20.8 and 12.3%, respectively.

It is known that as of December 22, 1,386 people and 171 organizations are under EU sanctions due to the Russian invasion.

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