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2025-12-15 15:39:01
[Russian Central Bank Seeks $2.29 Trillion in Compensation from Euroclear in Countermeasure to EU Asset Freeze for Ukraine Aid Plan] 1. The Central Bank of Russia has filed a lawsuit in a Moscow court, demanding 18.2 trillion rubles (approximately $229.36 billion) in damages from Euroclear, the Belgian central securities custodian. This move is seen as a formal response to the EU's plan to use frozen Russian assets to provide financial support to Ukraine. 2. On December 12, the EU agreed to indefinitely freeze the assets held by the Central Bank of Russia in Europe, removing legal obstacles to their use for aid to Ukraine. The Central Bank of Russia issued a statement on the same day, calling the EU's plan "illegal" and reserving the right to use all available means to protect its interests. 3. Currently, Euroclear holds most of the Russian assets frozen by the EU following the Russia-Ukraine conflict. The market widely expects the Moscow court to quickly rule in favor of the Central Bank of Russia, and Russia may subsequently attempt to enforce the ruling in other jurisdictions.
