London has blocked £ 5 billion of Russian assets

According to the latest report by the British Financial Sanctions Bureau, the British Treasury sanctions observer, the British blocked assets in Britain increased £ 5 billion, £ 4.9 billion in one year, and a total of £ 5 billion.

The exact figure of the £ 4.7 billion has been reported to have been reported since the start of the Russian -Ukraine war in February. The institution announced in its year’s report that the blocked amou was £ 1.5 billion.

According to the Paltiko Magazine, Russia’s blocked assets in Europe are around € 5 billion, most of which are owned by the Belgian EuroClear financial group.

Requests in Britain to seize Russian funds have increased under the pretext of supporting Ukraine. Earlier this moh, a group of British parliamearians urged the governme to use blocked assets to help Kiev fight Russia.

British Prime Minister Kerry Starmer told reporters on March 5 that he had spoken to the Ukrainian Preside about the seizure of Russian assets, but this is a complicated issue.

Similar talks are underway in Europe, and the French Parliame has approved a non -binding resolution to apply for the EU to confiscate Russian assets to support Ukraine.

However, the Belgian Prime Minister on Thursday night on the European prospectus to receive the budget and told reporters that “doing so is a war action.”

“With our close allies, we have deprived Russia of more than $ 5 billion, equivale to four years of Russian military spending,” the British Treasury Secretary said. We will coinue to impleme our financial sanctions as part of a wider response to Russia due to the Ukrainian war.

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