The EU has frozen 35 billion euros in Russian assets. Among the leaders are France and Belgium

European Union countries have frozen a total of 35 billion euros in Russian assets in response to Russia's invasion of Ukraine. This information was published by the European Commission in early April.

Most Russian property is frozen in France. France froze 22.8 billion euros. The largest part of this amount is the funds of the Central Bank of Russia, which is under sanctions. In total, Russia has lost access to almost half of its foreign exchange reserves, amounting to 640 billion dollars.

In Belgium, Russian assets worth 10 billion euros are frozen. The country is home to the international interbank system SWIFT, from which seven Russian banks, including VTB and the Bank of Russia, have been excluded due to sanctions.

Italy is in third place, freezing Russian assets worth about 1.1 billion euros. This amount includes yachts of Russian oligarchs and real estate in Sardinia and Tuscany.

Germany froze less than 350,000 euros in early April, but in the second half of April, German authorities officially announced the confiscation of the Dilbar yacht, Russian oligarch Alisher Usmanov, worth $ 588 million in the port of Hamburg. In this way, the original amount of frozen assets increased significantly.

Also in the Cayman Islands, the value of $ 7.3 billion in assets related to Russia has been stagnant. The Cayman Islands, one of the Caribbean's main offshore financial centers, froze $ 7.3 billion in assets related to Russia.

"After the Russian invasion of Ukraine in February 2022, more than 800 orders were issued in the Cayman Islands to freeze the property of individuals and legal entities. Under their obligations, financial service providers have submitted reports confirming the freezing of assets worth $ 7.3 billion, "said the Cayman Islands government, which confirmed its readiness to implement sanctions imposed on Russia by Great Britain.

The Royal Jersey Court has frozen more than $ 7 billion in assets relating to Russian oligarch Roman Abramovich.

In March, the European Union and Great Britain imposed sanctions on Abramovich and other oligarchs close to Putin.