Tag: Asset freezes
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EU Sanctions: Besides Russia, which countries have assets frozen by the bloc?
The European Union has been bringing a broad set of sanctions against Russia in response to its invasion of Ukraine, and a common question that comes up is: which countries, besides Russia, have assets frozen by the EU? Understanding how EU asset freezes work is key. The bloc does not typically freeze the national assets…
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EU Asset Freezes: Which Countries, Besides Russia, Have Their Assets Affected?
Understanding EU asset freezes in the context of Russia When the European Union imposes asset freezes, it does not freeze the assets of an entire country. Instead, it targets specific individuals, entities, and sometimes sectors deemed to be connected to wrongdoing or security threats. For the Russia-Ukraine conflict, the EU’s measures focus on Russian nationals…
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Belgium in the Eye of the Storm: Europe Faces Russia’s Frozen Assets
Introduction: Belgium at the center of a European crunch Good Friday morning from Brussels, where Belgium finds itself in the eye of a storm stirred by Russia’s frozen assets. As top European Commission officials rush to reassure Belgian leadership, the stakes extend beyond economic insurance to questions of security, sovereignty, and the future of European…