Moscow court to hear $230 billion lawsuit against Belgium’s Euroclear
NeutralWorld Affairs
- A Moscow court has registered a lawsuit from the Central Bank of Russia against Belgium's Euroclear, seeking $230 billion over immobilized funds. This legal action is part of a broader context involving the management of frozen Russian assets amid ongoing geopolitical tensions.
- The lawsuit highlights significant financial stakes for Euroclear, which serves as a clearing house for securities transactions. The outcome could impact its operations and reputation, especially in light of the ongoing debates surrounding the use of frozen Russian assets in Europe.
- This development reflects a complex landscape where the European Union is considering the use of frozen Russian assets to support Ukraine, leading to varied responses from member states, including Belgium's concerns over legal implications and potential destabilization of financial markets.
— via World Pulse Now AI Editorial System


