European Union froze four times less Bank of Russia assets than USA

EU countries reported freezing about € 23 billion assets of the Central Bank of Russia. The European Union first revealed this number – it was expected that it will be much higher, reports The Insider.

“This indicator is negligible compared to $ 100 billion frozen by the United States,” said the EU Commissioner for Justice Didier Reynders.

Russia itself publicly stated that Western sanctions led to freezing of the Central Bank assets in the amount of about $ 300 billion around the world. In addition to the assets of the Central Bank of the EU country, physical assets in the amount of about € 10 billion also froze. They include yachts and villas associated with Russian oligarchs and officials.