Freezing of Russian assets in Europe

European Commission President Ursula von der Leyen stated that Russian assets in Europe will remain frozen until the European Union makes another decision. According to her, the funds will be blocked "until the EU decides otherwise." The head of the European Commission emphasized that freezing assets indefinitely could become a key moment for Ukraine and Europe, sending a signal about the severity of the current conflict and the need to increase pressure on Russia.

Context

Since 2014, the European Union has been imposing restrictions and freezing assets of Russian individuals and companies as part of economic sanctions.