The country also froze 2.7 billion euros in assets.
Belgium has blocked transactions worth more than 196 billion euros due to European Union sanctions against the Russian Federation. This was reported by the Financial Times, citing the Belgian Ministry of Finance.
Such a high amount for a small country is due to the fact that Belgium is based in a clearing company Euroclear, which specializes in securities transactions.
Belgium also has Swift's international banking messaging system, which has severed ties with seven Russian banks over sanctions.
In addition to blocked transactions, Belgium has frozen € 2.7 billion in assets. individuals and legal entities subject to sanctions. Belgian customs, in turn, blocked 1,000 luxury vehicles from outside the EU, which passed through Belgian ports to Russia.
Recall, the EU and the G7 have actually begun to implement the most deadly for Russia's economy sanctions – oil and gas embargo . Today, Russia still receives about $ 0.57-0.68 billion from around the world. per day, but calculations show that these volumes are declining rapidly.
