BizBeat Ep. 405: Freezing of Russian assets calls for retaliation
Recently, EU Commissioner for Justice Didier Reynders said that EU countries have frozen about 23 billion euros of Russian central bank assets. But that number pales in comparison with the $100 billion frozen by the U.S. Meanwhile, a spokesman for the Russian Foreign Ministry said that if other countries confiscate assets belonging to Russia, Moscow will take appropriate retaliatory measures. In this episode of BizBeat, CGTN's Michelle Van den Bergh analyzes the overseas Russian accounts frozen by the West.