EU freezes Russian assets
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Russia’s Central Bank sues Belgian financial institution as EU mulls using Moscow’s frozen assets
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.
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,
Belgium blocks EU plan to seize Russian assets for Ukraine aid, citing serious fears of Putin retaliation and potential war escalation against Europe.
Moscow pounded Ukrainian power infrastructure with drone and missile strikes on Saturday and Kyiv launched a deadly strike of its own on southwestern Russia, a day before talks involving senior European and U.S. officials aimed at ending the war were set to resume.