“Of these frozen assets, only less than one tenth is in the EU, according to information received by the European Commission from 27 EU member states,” he said.

Reynders noted that the EU countries also blocked the tangible assets of the Russians in the amount of about €10 billion.

Earlier, the head of the Central Bank of Russia, Elvira Nabiullina, said that the financial regulator, under Western sanctions, has the ability to dispose of about half of its reserves.

The first deputy chairman of the Central Bank, Ksenia Yudaeva, said that the Bank of Russia was preparing for the possibility of freezing Russian reserves, although it considered the probability of this step to be low.

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