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I haven't seen this in any press releases or government announcements.
This was the source someone else commented... and it doesn't support or mention anything about confiscations? Conspiracy theories do not help - so far it is all for better investments or funds within the EU to improve competitiveness.
As far as there being confiscations... it would be the end of the Euro as we know it and it is very hard to believe. If there were confiscations it would cause a crisis in Europe and there is no way it would happen.
Right now the Russian 'funds' are still frozen in European banks and those have not been touched.
I don't know where where this 'confiscation' conspiracy theory comes from (and I don't speak french)