German Sanctions Against Russian Oligarchs Advancing Slowly

Germany is making slow progress in enforcing sanctions against Russian oligarchs and institutions, according to government numbers seen by Reuters on March 5. Germany has frozen 5.25 billion euros ($5.57 billion) in assets belonging to sanctioned oligarchs since Russia's invasion of Ukraine, according to the German Finance Ministry. The figure was 4.28 billion euros six months ago. The ministry shared the information at the request of German parliament member Christian Goerke. "Since December, only 200 million euros in oligarch assets have been frozen, and for half a year, just 1 billion," Goerke said. To read the original story from Reuters, click here.