Lithuania seized €87 million of Russian and Belarusian assets

Author:
Anna Kholodnova
Date:

Lithuania froze €77.88 million of funds of Russian companies and €8.9 million of Belarusian funds.

This is reported by Delfi with reference to data from the Financial Crimes Investigation Service.

As of December 20, the Service applied sanctions to 16 legal entities and individuals: the funds of 9 enterprises from Russia, as well as six companies and one individual from Belarus were frozen.

Among the 16 sanctioned companies are Inter RAO Lietuva, Lifosa, Eurochem Logistics International, PhosAgro Baltic, Vydmantai Wind Park, IDS Borjomi Europe, and others.

  • On December 22, the European Commission announced that the European Union had frozen a total of €20 billion of Russian assets. In addition, due to sanctions, Russian imports and exports decreased by 20.8 and 12.3%, respectively.