Ukraine also asks Luxembourg to recognize Russia as a country that finances terrorism.
Luxembourg authorities have frozen the assets of Russians by 2.5 billion euros, said Finance Minister Yuriko Bakes . The decision was made in the framework of the implementation of European sanctions imposed against Russia for the attack on Ukraine.
“Minister Yuriko Bakes informed the parliament about the implementation of EU sanctions against Russia by Luxembourg. To date, operators have frozen assets worth 2.5 billion euros, “the press service of the Ministry of Finance said.
Minister @Yuriko_Backes informed the Parliament about the state of play of the implementation process of #EU sanctions against Russia in Luxembourg.
As of today, operators in Luxembourg have frozen assets worth 2.5 billion euros @ChambreLux #StandwithUkraine 🇺🇦🇪🇺🇱🇺 pic.twitter.com/xP8r9PTTTn– Ministry of Finance (@MinFinLux) March 29, 2022
Read also: The Czech Republic has frozen the assets of Russians for hundreds of millions of crowns
We will remind, on March 18 the State service of financial monitoring of Ukraine addressed to the Commission on supervision over financial sector of Luxembourg – Ukraine asked to recognize Russia as the country financing terrorism .
Blocking financial transactions and freezing assets will hit the aggressor's main source of income – energy exports.
Almost half of the 75 European and British organizations with which the Russian giants Rosneft and Gazprom keep in touch are located in Luxembourg. At least 36 companies registered in Luxembourg are owned by either Rosneft or Gazprom.
See the special topic: In Kiev, Kharkov and Khmelnitsky strikes Fires have begun , information on the victims is being clarified. The occupiers do not allow 94 ships with Ukrainian grain into the Mediterranean – Sherman The Russian military is provoking a global food crisis. The White House called the conditions for Biden and Putin 's talks De-escalation on the part of Russia and its commitment to diplomacy. Britain mobilizes even more lethal weapons for Ukraine To do this, a donors' conference will be held on March 31 The Pentagon believes that under the guise of withdrawing troops near Kiev, Russia is preparing a new offensive on Ukraine . In fact, this is a redeployment, and the displaced forces can use anywhere in Ukraine.