Russian oligarch Roman Abramovich/Getty Images
Russian the oligarchs are paying with their assets for the decision of the Russian leadership to unleash a war against Ukraine. In the EU alone, more than 13 billion euros belonging to Russian oligarchs have already been frozen.
This was announced by the head of the President's Office Andriy Yermak. In his social networks, Yermak wrote that 13.8 billion euros of Russian oligarchs have already been frozen in the European Union.
The EU plans to confiscate Russian assets in case sanctions are circumvented
The European Union is preparing a directive that will allow the confiscation of arrested Russian assets by court order. This is reported by RTBF.
The confiscated assets of Russian oligarchs can be sent to support the population of Ukraine. After the adoption of this directive, an attempt to circumvent sanctions will be included in the list of criminal offenses in the EU
This was announced by the European Commissioner for Justice Didier Reynders upon his arrival at the EU Council of Ministers in Prague. He noted that more than 12 billion euros are frozen in just five EU member states.
The European Commissioner declined to name these five countries. However, as the media write, numerous Russian assets have recently been blocked in Germany. It was also reported that in Munich the court decided to confiscate the property of a Russian State Duma deputy.
Damage to Ukraine from the war with Russia
- Oleg Ustenko, economic adviser to President Volodymyr Zelensky, in early July, he spoke about the direct damage to Ukraine from the war.
- According to him, at present, Ukraine has recorded 650 billion dollars of direct damage from the war. At the same time, if indirect losses are taken into account, this amount will reach 1 trillion.
- Also, the Office of the President informed that a superficial estimate of damage from Russian strikes already exceeds 700 billion dollars.
- Russian oligarchs and their families, while the war continues in Ukraine, are trying to appeal against EU sanctions. As of June, it was reported that about 20 personal sanctions cases had already been filed in European courts.
