Portugal freezes Russian assets worth EUR 18 million

This is reported by Euractiv.

“We in Portugal have assets seized, frozen, assets of people who are on the sanctions list to the tune of eighteen million euros,” Portuguese Foreign Affairs Minister João Gomes Cravinho said. 

The head of Portuguese diplomacy commented on the European Commission's proposal on the temporary seizure of assets frozen from Russian oligarchs, under the sanctions adopted against Russia, and their use to finance Ukraine's reconstruction.