Slobodan Milosevic's exiled widow has ridiculed the European Union's decision to lift a 15-year freeze on assets of the former Serbian strongman, saying that the family has no property outside Serbia.

The EU earlier this week dropped its sanctions against Milosevic's family and several of his former political associates, saying they no longer represent "a threat to the consolidation of democracy" in Serbia.

Milosevic's widow, Mirjana Markovic, who was granted political asylum in Russia with their son Marko when Milosevic lost power in 2000, told Belgrade's Vecernje Novosti newspaper that she "laughed" when she heard the news.

She said "neither me, nor my husband nor my children had or have any property in the EU countries."

Milosevic died in 2006 while on trial at a UN war crimes tribunal.