Frozen Assets

When you read about “frozen assets” in connection with economic sanctions, you may have been wondering how this process actually works.

In February 2013 I could observe it myself in Nida, on the Lithuanian part of the Curonian Spit. There were some ships, against whose owners sanctions had apparently being imposed. I was surprised how literally the term “freezing” of assets is applied.

ship in frozen water

ships in frozen water

(Hier geht es zur deutschen Fassung dieses Blogs.)


About Andreas Moser

Travelling the world and writing about it. I have degrees in law and philosophy, but I'd much rather be a journalist, a spy or a hobo.
This entry was posted in Economics, Lithuania, Photography, Travel and tagged , . Bookmark the permalink.

1 Response to Frozen Assets

  1. Pingback: Schiff im Eis | Der reisende Reporter

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