Ukraine : Europe cracks down on Russian asset freeze

The French Minister of the Economy Bruno le Maire has announced that France will take a new step in its financial sanctions against Russia.


Following Russia‘s invasion of Ukraine, the European Union announced a battery of sanctions against the attacker, such as the closure of airspace to Russian aircraft, joint financing of military equipment and the freezing of assets. Russian leaders and personalities close to the Kremlin will have their assets frozen and be banned from European territory. This concerns some 515 personalities and entities, including politicians, senior members of the Russian army and some business and banking leaders. “At the request of the President of the Republic, we are continuing the complete inventory of financial assets, real estate, yachts and luxury vehicles belonging to Russian personalities under European sanctions,” explained Bruno le Maire.



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Hélène Cougot
Hélène Cougot
Passionate about art and fashion, Hélène went to a fashion design school: the Atelier Chardon-Savard. She then completed her training with an MBA in Marketing at ISG. She has written for the magazine Do it in Paris and specializes in writing articles about luxury, art and fashion for Luxus +.

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