In Germany, Russian assets worth €3.95 billion are currently frozen. This includes assets of private individuals and companies that came under sanctions following Russia’s attack on Ukraine, as well as foreign assets of the Russian central bank, according to Reuters. “This sum is subject to valuation fluctuations,” the letter from the German Ministry of Finance addressed to Markus Herbrand, a politician from the Free Democratic Party of Germany, said. In March 2023, the Ministry of Finance announced frozen Russian assets in Germany totaling €5.25 billion. The letter dated May 10 does not provi…