EU Has Frozen 35 Billion Euros in Assets Over Russia’s Invasion
- France topped the list, freezing 23.5 billion euros of assets
- Germany lagged, targeting just 341,600 euros of assets
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European Union countries froze 35 billion euros ($39 billion) of assets in response to Russia’s invasion of Ukraine during the first 5 1/2 weeks of the war, with France topping the list, having frozen goods and capital worth 23.5 billion euros.
Germany, the EU’s largest economy, trailed France, seizing assets worth 341,600 euros, according to a European Commission assessment dated April 5, the most recent such evaluation. The week following this assessment, Berlin impounded Russian billionaire Alisher Usmanov’s superyacht Dilbar, which was valued at $600 million to $750 million.