The European Union has made a final decision regarding frozen assets of Russia.

Frozen assets of Russia EU resolution
Frozen assets of Russia EU resolution

The European Union has refrained from confiscating frozen assets of Russia until it stops its war against Ukraine. This is stated in a statement published on the website of the European Council. The EU has declared its readiness to increase pressure on Russia by imposing additional sanctions.

According to EU legislation, Russian assets must remain frozen until Russia stops its aggressive war against Ukraine and compensates for the damage caused by this war

The European Union is trying to ensure peace processes and is assisting Ukraine. Official Brussels also plans to increase pressure on Russia by imposing additional sanctions and tightening control over their implementation.

Frozen assets of the Central Bank of Russia amounting to almost 280 billion euros have been identified abroad since the beginning of the Russian invasion of Ukraine. Most of these assets are held in the countries of the European Union.

It was previously reported that Russia is preparing to use Bitcoin and cryptocurrency for a 'price bomb'.


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