• 12/07/2024 16:36

More than €4 billion worth of Russian assets were blocked in Germany

У Німеччині заблокували російських активів на понад €4 мільярди

Russian assets worth more than 4 billion euros are blocked in Germany.

Such data was presented at a briefing by a representative of the press service of the German Ministry of Finance Nojinan Niminde-Dundadengar, an Ukrinform correspondent reports.

“In Germany, in connection with the Russian aggressive war against Ukraine, as of the beginning of December, assets worth about 4.1 billion euros were sanctioned,” he informed.

A representative of the department explained that this is “frozen money, the economic resources of individuals, blocked money of the Russian Central Bank.”

German Foreign Ministry spokesman Christian Wagner, in turn, recalled the G7 decision, when its participants agreed to “make efforts and ensure that Russia pays for the restoration of Ukraine in the long term,” for which it was decided to freeze Russian state assets in accordance with the legal systems of the states -participants. . To this end, a register of damage caused during the aggression was also started, which Wagner called an important step.

In general, sanctions against the aggressor country are considered very effective in Berlin. According to the representative of the German Ministry of Economics, Robert Severin, we should not forget that sanctions are very diverse, many of them act indirectly, therefore, they should not be underestimated. He also recalled that the 12th sanctions package was recently approved, and assured that “there will be further packages, that the system will expand and develop, shortcomings and opportunities to circumvent sanctions will be identified and covered.” “Sanctions are a complex system that operates in its entirety,” he added.

As reported, the German Federal Prosecutor's Office filed a lawsuit for the confiscation of more than 720 million euros of Russian funds on the grounds of violation of the foreign trade law.


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