The European Union has frozen the assets of Russian businessmen and companies under sanctions for 68 billion euros. This is reported by Politico with reference to an internal document of the European Commission.

Most of the frozen assets are in Belgium. It accounts for about 50 billion euros. The second place is occupied by several countries – Luxembourg, Italy, Germany, Ireland, Austria and France. A total of 5.5 billion euros of assets were frozen here. In total, these countries account for more than 90% of frozen assets. Euroclear and Clearstream are registered in Belgium and Luxembourg.

At the same time, about 33.8 billion euros may belong to the national reserves of Russia, but it is too early to talk about the exact amount, according to the sources of the publication.

EU members are now discussing a document on the confiscation of frozen assets for Ukraine’s needs. As the document says, this decision should be approved by the Council of Europe, but the progress of the process was stalled by Poland, which opposed such actions.