So that unlicensed investors can use their assets.
The Ministries of Finance of Belgium and Luxembourg have temporarily unfrozen the assets of Russian investors for 55 billion euros, reports DW with reference to The Bell. These are foreign securities that belong not to oligarchs, but to five million citizens of Russia.
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In Belgium, 50 billion, and Luxembourg – 5.5 billion euros. Now those Russians who are not under sanctions will have a chance to withdraw their funds. However, the withdrawal procedure for Russians who are not on the blacklist is not yet known.
The assets are unlocked until January 7, but part of this period falls on the Christmas weekend in Europe and part on the New Year holidays in Russia .
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