China News Service, July 13. According to Agence France-Presse, the European Commissioner for Justice, Didier Reynders, said on the 12th local time that since the outbreak of the Russian-Ukrainian conflict, the European Union has frozen assets worth 13.8 billion euros in Russia.
More than 12 billion euros of the 13.8 billion euros in assets were frozen by five member states, Reyndes said before an informal meeting of EU justice ministers in the Czech Republic, but he declined to name those countries, according to reports.
He also said other EU member states would also step up their efforts.
German Finance Minister Christian Lindner estimated in mid-June that the value of Germany's frozen assets alone reached 4.48 billion euros.
Ukrainian Justice Minister Denys Malyuska said the assets frozen by the EU would be used to pay war damages.
"We are suffering economic losses, and there is no point in making up for them with Ukrainian or European taxpayer money," Mariuska added.
So far, the EU has passed six rounds of sanctions against Russia, including a ban on imports of Russian oil.