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  1. A lawsuit challenges the EU mechanism for using reserves to finance Kyiv, seeking recognition of rulings in Euroclear jurisdictions.
  2. The EU has frozen Russian central bank assets and is now using the interest generated from these funds to support Ukraine.
  3. Belgium has affirmed its support for Ukraine and raised concerns regarding frozen Russian assets.
  4. The EU considered seizing Russian sovereign assets and providing financial support to Ukraine, facing opposition from the Belgian PM.

Belgium hosts the majority of frozen Russian assets and disputes the EU's capacity while seeking to confiscate them.

2 reports, 2 independent Updated Oct 1
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Belgium hosts the majority of frozen Russian assets and disputes the EU's capacity while seeking to confiscate them.

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  1. Euroclear holds a third of the frozen Russian assets.Sub-event
  2. Belgium hosts majority of frozen Russian assets and seeks to confiscate them, challenging EU asset recovery efforts.1 source

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