EU sanctions have deprived Russia of more than EUR 1 trillion from its war chest.

Omissions

• The Council of the EU frames the larger figure (EUR 1 to 1.3 trillion) as the cost of 'Western sanctions', not EU sanctions alone, so the claim's implicit attribution to EU sanctions alone is slightly broader than the underlying estimate.
• The EUR 1 trillion+ is an EU estimate of cumulative economic cost (foregone export revenues, oil tax revenues, GDP effects) rather than money physically seized or blocked; it should not be read as frozen reserves.
• The figure is a cumulative estimate since February 2022 and carries estimation uncertainty (the Council itself gives a range of EUR 1 to 1.3 trillion).

Sources

• PrimaryCouncil of the EU — press release 'Closing loopholes: Council lists individuals and entities for circumventing EU sanctions'"Sanctions have already denied Moscow over one trillion euro, but they can be even more effective when we fully enforce them."
• PrimaryCouncil of the EU — press release 'Russia's war of aggression against Ukraine: new EU sanctions target energy revenues, the military-industrial complex, propaganda and human rights violations'"Western sanctions have already cost Russia an estimated €1 to 1.3 trillion. Brick by brick, we are collapsing the foundations of Russia's ..."
• SecondaryEuronews — 'EU to propose tougher Russia sanctions this autumn, Kaja Kallas says'Kallas said the Kremlin had "already paid a high price for the EU sanctions", estimating the economic cost to be at over one trillion euros.
• SecondaryUATV — 'Kallas: Sanctions Have Denied Russia €1 Trillion It Could Have Spent On War'EU sanctions have deprived Russia of €1 trillion that it could otherwise have spent on its war against Ukraine, EU foreign policy chief Kaja Kallas said.