Brussels says oligarchs' assets worth almost 30 billion euros frozen in EU

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/File Photo

The European Commission said on Friday that European Union governments had frozen about 30 billion euros ($32.6 billion) of assets linked to oligarchs and other people sanctioned by the EU since the start of the war in Ukraine.

The Commission said that states had informed the EU executive that 29.5 billion euros of assets had been frozen, including boats, helicopters, real estate and artworks.