The Ministries of Finance of Belgium and Luxembourg have temporarily unfrozen the assets of Russian investors for 55 billion euros, DW reports with reference to The Bell. We are talking about foreign securities that belong not to the oligarchs, but to five million Russian citizens..

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Belgium unfrozen 50 billion, and Luxembourg - 5.5 billion euros. Now those Russians who are not under sanctions will get a chance to withdraw their funds. However, the procedure for withdrawing funds from Russians who are not on the black list is not yet known..

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.

After the Russian invasion of Ukraine, Western countries imposed unprecedented sanctions against the Russian Federation. Leading banks, many sectors of the economy and large businessmen were subject to restrictions. Some international companies have stopped working with Russia, citing ethical principles or the difficulty of working with the Russian market under sanctions pressure.