Germany has frozen Russian assets amounting to about 3.5 billion euros in line with the EU sanctions regime, says a media report.
TASS quoted a source in the French Federal Ministry of Finance as saying: “Assets worth around 3.5 bln euro have been frozen or immobilized in Germany by now.”
The assets include “blocked funds and economic resources of blacklisted individuals or entities, as well as foreign assets of the Central Bank of Russia placed in states subject to the ban on transactions.
Last year, German had confirmed freezing Russian assets totaling about 4.1 billion in compliance with the EU sanctions.
Separately, US Treasury Secretary Janet Yellen said: “If we can find ways to further impair Russian oil revenues, that would, I think, strengthen Ukraine’s hand. That remains on our list.
She said told Reuters the US and its allies also could consider lowering the price cap on Russian oil.
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