Exactly how much of that sum consists of the country’s forex reserves is still unknown, the outlet says, citing an official document Roughly €68 billion ($70 billion) in Russian assets have been frozen by the EU, most of which are in Belgium, Politico reported on Friday.

The energy trade between Russia and China has been steadily growing and is up 64% in monetary terms so far this year, Russian Deputy Prime Minister Aleksandr Novak told the Rossiya 24 TV channel on Friday.

Budapest will be forced to cut social spending due to budget shortages stemming from EU restrictions, PM Viktor Orban says The Hungarian economy is losing billions of dollars due to Western sanctions on Russia, Prime Minister Viktor Orban said on Friday.