Cate Blanchett Urges EU to Step Up Support of Refugees, Host Countries

Goodwill Ambassador for the United Nations High Commission for Refugees (UNHCR) Cate Blanchett attends the EU Parliament mini plenary session in Brussels, Belgium, 08 November 2023. EPA/OLIVIER MATTHYS
Goodwill Ambassador for the United Nations High Commission for Refugees (UNHCR) Cate Blanchett attends the EU Parliament mini plenary session in Brussels, Belgium, 08 November 2023. EPA/OLIVIER MATTHYS
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Cate Blanchett Urges EU to Step Up Support of Refugees, Host Countries

Goodwill Ambassador for the United Nations High Commission for Refugees (UNHCR) Cate Blanchett attends the EU Parliament mini plenary session in Brussels, Belgium, 08 November 2023. EPA/OLIVIER MATTHYS
Goodwill Ambassador for the United Nations High Commission for Refugees (UNHCR) Cate Blanchett attends the EU Parliament mini plenary session in Brussels, Belgium, 08 November 2023. EPA/OLIVIER MATTHYS

Actor Cate Blanchett, a goodwill ambassador for the UN's refugee agency UNHCR, has urged the European Union to step up support of refugees and host countries and ensure the bloc's policy "focus on their protection and not on fortifying borders".

"You have to understand that no one puts their children in a boat unless water is safer than the land," Oscar winner Blanchett, appointed a UNHCR goodwill ambassador in 2016, told the EU parliament in Brussels on Wednesday.

"I thank the EU for its longstanding financial support for refugees and their hosts globally and urge continued and increased support. The world is watching," added Blanchett.

Blanchett's plea comes as the European Union is seeking to overhaul the bloc's asylum and migration rules to reduce irregular migration and member countries are attempting to cut their own deals, with Italy announcing on Monday it would build centers in Albania to host sea migrants trying to come to Italy.

A record 114 million people have been driven from their homes around the world, Blanchett said, escaping violence, conflict, persecution and human rights violation.

"With a number of possibly displaced people at an all-time high, flexible humanitarian funding has never been more urgent," she said. "Invest in education and livelihoods to ensure families have opportunities where they are so they don't need to move. No one will benefit from a generation of alienated and excluded youth."



Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
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Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA

Italy has frozen Russian oligarchs' assets valued at around 2.3 billion euros ($2.64 billion) since the invasion of Ukraine in 2022, data provided by Italian authorities show, with the most recent seizures occurring at the beginning of the month.

Italy seized assets - including bank accounts, luxury villas, yachts and cars - as part of the European Union's sanctions against the Kremlin and its backers.

The Bank of Italy had said that at the end of June 2023 their value amounted to 2.5 billion dollars, said Reuters.

This month it did not update the total amount, but said that the funds frozen due to sanctions against Russia totaled almost 280 million euros up to December 2024 — a 44 million euro increase from the previous year.

Separately, the tax police seized in early June an Iranian company based in Milan, Irital Shipping Lines, and two of its properties worth a total of more than 1 million euros, due to "Iran's military support for Russia's war of aggression against Ukraine".

The company has not yet responded to a request for comment emailed by Reuters.

MAINTENANCE COSTS

Italy's State Property Agency holds all non-liquid assets frozen due to EU sanctions and the Italian government bears the costs of managing these assets during the freezing period.

According to the latest official data available, the costs incurred by the State for their maintenance amounted to 31.7 million euros up to February 2024.

When asked about the level of maintenance cost incurred by Italian taxpayers so far, the agency said it could not provide the information because it "is covered by official secrecy." Reuters calculation suggests that costs may have increased by around 15 million euros to more than 45 million euros to date.

The fate of these assets rests with the European Union.

If the EU decides to make the freezes permanent, the state must initiate proceedings to convert them into confiscations.

If Brussels decides to unfreeze them, the assets can be returned to their owners, provided that they pay Italy the maintenance costs incurred.