Russia Files Lawsuit Against Euroclear: 258 Billion Euros Frozen

Legal Action by the Central Bank of Russia Against Euroclear

The Central Bank of Russia announced that it will initiate an important legal process concerning 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 Euro Assets Are Frozen

In Belgium, 258 billion euros worth of Russian assets have been frozen. It was noted that 65 billion euros of this amount consists of frozen assets, while 193 billion euros are related to the Central Bank of Russia's immobilized transactions.

Discussions Continue on Loans to be Provided for Ukraine

The European Commission is working on plans to use Russia's frozen assets as collateral for loans to be provided to Ukraine. Under this plan, Ukraine is expected to repay the loan only in the event that Russia pays war reparations.

Belgium's Demands for Legal Grounds and Risk Sharing

Belgian Prime Minister Bart de Wever is requesting that the legal grounds be clearly established, as well as risk-sharing, for using the immobilized Russian assets as collateral for the loan to be provided to Ukraine.

To Be Discussed at the EU Leaders' Summit

This important issue will be addressed at the EU Leaders' Summit scheduled for December 18 in Brussels.