US EditionRussia seeks $230 billion in damages from Euroclear over seized assets
Russia's central bank claims illegal seizure of $230 billion in frozen assets and may enforce rulings in multiple countries to protect its interests amid EU funding plans for Ukraine.
27 Articles
27 Articles
Since the EU wants to use the Russian Central Bank's frozen assets for financial assistance to Ukraine, Moscow will probably avenge itself. Experts see hard times approaching European companies. Which Western assets could Putin access?
The Russian Central Bank is seeking around 195 billion euros in damages in a lawsuit against Belgium-based financial firm Euroclear. Euroclear holds most of the Russian central bank's assets, which the European Union has frozen as part of sanctions against Russia over its invasion of Ukraine, which began in 2022.
The Russian Central Bank has filed a lawsuit with the Moscow Court of Arbitration against Euroclear, the depository of the frozen funds. EU head of diplomacy, Kaja Kallas, has admitted that it is "increasingly difficult" to negotiate on Russian assetsPutin meets with Trump's envoys after accusing Europe of presenting a plan for Ukraine "unacceptable" In a vital week for the European Union to decide how to use Russian frozen assets to finance Ukr…
The Central Bank of Russia has attempted a process in Moscow asking for damages worth $230 billion from Euroclear, marking the first step in what Kremlin warned would be a legal cover for the EU due to plans to...
The Russian central bank has brought legal action to claim 18.2 trillion roubles, or 200 billion euros, from the Belgian financial institution Euroclear. This is reported on Monday by the Russian news agency Tass.
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