


The Central Bank of Russia announced that it will initiate an important legal process related to Russian assets frozen by Euroclear. In a statement from the bank, it was emphasized that Euroclear engaged in illegal actions against the Central Bank of Russia.
In Belgium, Russian assets worth 258 billion euros have been frozen. It was noted that 65 billion euros of this amount consists of frozen assets, while 193 billion euros comprise the Central Bank of Russia's immobilized transactions.
The European Commission is working on using Russia's frozen assets as collateral for loans to Ukraine. Under this plan, Ukraine is expected to repay the loan only if Russia pays war damages.
Belgian Prime Minister Bart de Wever demands that legal grounds be clearly established, alongside risk sharing, for the use of immobilized Russian assets as collateral for loans to Ukraine.
This important issue will be addressed at the EU Leaders Summit, scheduled for December 18 in Brussels.
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