Key Metrics
11.98
Heat Index-
Impact LevelMedium
-
Scope LevelGlobal
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Last Update2025-12-12
Key Impacts
Positive Impacts (3)
Negative Impacts (9)
Event Overview
The dispute highlights tensions between a sovereign state and international financial institutions over asset control. The situation underscores the potential for broader economic and political ramifications, including retaliatory measures and the stability of cross-border financial relationships.
Collect Records
Russia Sues Euroclear to Unfreeze State Assets, Threatens Global Retaliation
The Russian Central Bank has filed a lawsuit against Euroclear, demanding the unfreezing of its state assets and warning of global retaliation if the European Union uses these funds. The claim includes the total amount of the frozen assets and their lost earnings. This action comes as the EU plans to extend the freeze on approximately 210 billion euros of Russian sovereign assets, with most of the funds held at Euroclear in Belgium. The Belgian government opposes the EU's plan to use these funds as collateral for loans to Ukraine.