Boats, helicopters, art: Europe freezes $32 billion of oligarchs' assets
April 8, 2022 - 12:10
By Francesco Guarascio
BRUSSELS (Reuters) -EU governments have frozen about 30 billion euros ($32.6 billion) of assets linked to oligarchs and other sanctioned people with ties to the Kremlin, the European Commission said on Friday.
The assets, totalling 29.5 billion euros since the start of the war in Ukraine, include bank accounts, boats, helicopters, real estate and artwork, according to the Commission, the EU's executive body.
Additionally, about 196 billion euros of transactions have been blocked, it added.
However, the Commission had no estimate for the total value of oligarchs' assets in the European Union.
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