Germany freezes Russian assets for 5 billion euros

According to Die Heutigen Nachrichten, we are talking about the funds of individuals and organizations. This amount included 2.217 billion euros ($2.35 billion) in bank accounts in Germany. Credit institutions reported this money to the Bundestag. In addition, movable property worth 1.099 billion euros ($1.16 billion) was also frozen.

In June 2022, Berlin reported 4.48 billion euros ($4.75 billion) of blocked Russian assets.

At the beginning of the month, it was reported that Switzerland had frozen Russian assets worth 7.5 billion francs (about $7.94 billion). Moreover, the amount does not take into account the cost of 15 frozen real estate objects of sanctioned legal entities and individuals. A month earlier, it became known that Britain had frozen Russian assets totaling 18.39 billion pounds ($20.95 billion) since the beginning of the Ukrainian conflict. This is 41% more than the amount that was frozen for September last year.