The European Union has frozen Russian assets worth $13.8 billion since Russia invaded Ukraine on February 24, EU Justice Commissioner Didier Reynders said Tuesday.
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"For the moment, we have frozen – coming from oligarchs and other entities – €13.8 billion [$13.8 billion], so it's quite huge," Reynders told reporters in Prague, French news agency AFP reported.
"But I must say that a very large part of it is more than $12 billion ... coming from five member states," he added ahead of an informal meeting of EU justice ministers held by the Czech presidency of the EU.
He refused to name the five countries but added he expected the other countries in the 27-member bloc to step up their efforts soon. German Finance Minister Christian Lindner put the value of assets frozen by Germany alone at $4.48 billion in mid-June.
