Russia Files Lawsuit Against Euroclear: 258 Billion Euros Frozen

Legal Proceedings from the Central Bank of Russia Against Euroclear

The Central Bank of Russia has announced that it will initiate an important legal process regarding the Russian assets frozen by Euroclear. In a statement from the bank, it was emphasized that Euroclear has engaged in illegal actions against the Central Bank of Russia.

258 Billion Euros of Assets Frozen

A total of 258 billion euros worth of Russian assets has been frozen in Belgium. It was noted that 65 billion euros of this amount consists of frozen assets, while 193 billion euros corresponds to the inactive transactions of the Central Bank of Russia.

Discussions Continue on Loans to Ukraine

The European Commission is working on plans to use Russia's frozen assets as collateral for loans to Ukraine. Within the framework of this plan, Ukraine is expected to repay the loan only if Russia pays its war compensation.

Belgium's Requests for Legal Basis and Risk Sharing

The Prime Minister of Belgium, Bart de Wever, is requesting that the legal bases be clearly defined as well as risk sharing for the use of the frozen Russian assets as collateral for the loan to Ukraine.

To Be Discussed at the EU Leaders Summit

This important issue will be discussed at the EU Leaders Summit to be held in Brussels on December 18.