Central Bank of Russia sues Euroclear over frozen Russian assets
The Central Bank of Russia has filed a lawsuit in the Arbitration Court of Moscow against the Belgian depository Euroclear, claiming that its actions caused harm by blocking access to Russian assets. The lawsuit was filed the day after nearly all EU countries approved the indefinite freezing of Russian funds.
Thus, the Central Bank of Russia is attempting to prevent the use of frozen assets for financing aid to Ukraine. This lawsuit has raised concerns in Belgium and Euroclear, which oppose the plan to fund Ukraine using Russian assets, supported by several EU member states.
The Central Bank of Russia has filed a lawsuit in the Arbitration Court of Moscow against the Belgian depository Euroclear, claiming that its actions caused harm by blocking access to Russian assets. The lawsuit was filed the day after nearly all EU countries approved the indefinite freezing of Russian funds.
Thus, the Central Bank of Russia is attempting to prevent the use of frozen assets for financing aid to Ukraine. This lawsuit has raised concerns in Belgium and Euroclear, which oppose the plan to fund Ukraine using Russian assets, supported by several EU member states.
Central Bank of Russia sues Euroclear over frozen Russian assets
The Central Bank of Russia has filed a lawsuit in the Arbitration Court of Moscow against the Belgian depository Euroclear, claiming that its actions caused harm by blocking access to Russian assets. The lawsuit was filed the day after nearly all EU countries approved the indefinite freezing of Russian funds.
Thus, the Central Bank of Russia is attempting to prevent the use of frozen assets for financing aid to Ukraine. This lawsuit has raised concerns in Belgium and Euroclear, which oppose the plan to fund Ukraine using Russian assets, supported by several EU member states.
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