Belgian central securities depository Euroclear, which holds most of the Russian central bank assets frozen in Europe, can offset any seizure of its assets in Russia as a result of lawsuits with the Russian assets it holds in Belgium,

Russia’s Central Bank says it has filed a lawsuit against Belgian financial institution Euroclear. That's the Brussels-based clearing house that holds most of Moscow’s frozen assets in Europe.

Hungarian Prime Minister Viktor Orban on Saturday described the EU’s plan to seize frozen Russian assets as a "declaration of war." Orban criticized European leaders, singling out German Chancellor Friedrich Merz, European People’s Party leader Manfred Weber, and European Commission President Ursula von der Leyen, Magyar Nemzet reported.

Hungary, the EU’s most pro-Russian state, opposes any further aid to Kyiv and has routinely threatened to veto the sanctions rollover. EU officials fear Orbán would follow through on the threat if Donald Trump’s administration decided to unilaterally drop US sanctions on Russia.

MOSCOW, Dec 10 (Reuters) - Russian prosecutors have asked a Moscow court to seize the assets of U.S. private equity fund NCH Capital in Russia, saying the fund's owners financed Ukraine's military forces,

Belgium blocks EU plan to seize Russian assets for Ukraine aid, citing serious fears of Putin retaliation and potential war escalation against Europe.