The European Union will allow confiscation of Russian assets

Author:Global Times Time:2022.07.13

EU judicial commissioner Di Didier Renier said on July 12, local time that the European Union is expected to pass an instruction in October that allows Russia's assets in the European Union after discovering an attempt to avoid or bypass sanctions.

Rennede said that the European Parliament had "turned on the green light" for the instructions, and the European council was reached an agreement.

Ren Dier said that since the beginning of the Russian and Ukraine conflict, the European Union has frozen assets worth about $ 13.8 billion from Russian rich and other entities.

Source: CCTV News Client

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