Russia sues Euroclear as EU debates using frozen assets for Ukraine
Russia sues Euroclear over frozen assets as EU leaders meet in Brussels to debate using billions in Russian funds to back loans for Ukraine.
Euroclear
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EU Eyes Using €210B in Frozen Russian Assets, Belgium Voices Concerns
The EU has agreed to freeze €210B of Russian central bank assets indefinitely to support Ukraine, but Belgium warns of financial risks and potential legal action.
Russia’s Central Bank Challenges EU Over Asset Seizure
Russia’s central bank says the EU’s plans to use its assets violate sovereign immunity and is suing Euroclear in Moscow to protect its funds.
Belgium Rejects EU Plan for Frozen Russian Assets Loan
Belgium has rejected an EU proposal to use profits from frozen Russian assets as collateral for a major Ukraine loan, citing unaddressed financial and legal risks.