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EU set to lock up Russia’s frozen assets so Hungary and Slovakia can’t veto their use for Ukraine (Video)

A total of 210 billion euros ($247 billion) in Russian assets are frozen in Europe. The vast majority of the funds around 193 billion euros ($225 billion) at the end of September are held in Euroclear, a Belgian financial clearing house. The money was frozen under sanctions that the EU imposed on Russia over the war it launched on Feb. 24, 2022, but these sanctions must be renewed every six months, and all 27 member countries must approve them for that to happen.

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EU set to lock up Russia's frozen assets so Hungary and Slovakia can't veto their use for Ukraine (Video)

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EU set to lock up Russia's frozen assets so Hungary and Slovakia can't veto their use for Ukraine (Video)

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