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Reuters
Reuters
Business
By Gabriela Baczynska

Greece, Malta lag behind in sanctioning Russian assets - EU

FILE PHOTO: Greek Prime Minister Kyriakos Mitsotakis talks with Malta's Prime Minister Robert Abela ahead of the 8th MED7 Mediterranean countries summit in Athens, Greece, September 17, 2021. REUTERS/Louiza Vradi

Greece and Malta lag behind their European Union peers in freezing Russian assets sanctioned over Moscow's war against Ukraine, according to an EU official and an internal document, as the bloc considers confiscating the funds to help Kyiv.

The 27 EU countries have so far reported freezing some 20.3 billion euros ($22 billion) of sanctioned Russian assets, with Italy, Ireland, France, Spain, Germany, Belgium, Luxembourg and Austria each notifying actions totalling more than a billion euros.

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