All articles tagged with #euroclear
EU leaders are debating whether to use frozen Russian assets, totaling €210bn, to fund Ukraine's needs, with plans to borrow €90bn through Euroclear, a move that faces legal, political, and diplomatic challenges, including opposition from Belgium and Russia, and concerns over global investor confidence and EU credibility.
Russia is seeking $230 billion in damages from Euroclear over frozen assets, as the EU considers using €210 billion of Russian assets to fund Ukraine's defense, prompting legal and political tensions between Russia, the EU, and the US.
The EU is considering a €140 billion reparations loan to Ukraine using Russia's immobilized assets held at Euroclear, but faces obstacles mainly from Belgium over legal and risk concerns. The plan aims to support Ukraine's financial and military needs amid ongoing conflict, with the loan to be repaid only after Russia compensates for damages. The proposal is still in development, with key technical and political issues to resolve before a potential decision in December.