Russian Central Bank Sues Euroclear After EU Seeks to Indefinitely Freeze Russian Assets

Is using frozen Russian assets for Ukraine legally reckless, or a necessary to ensure Russia pays for destruction?
Russian Central Bank Sues Euroclear After EU Seeks to Indefinitely Freeze Russian Assets
Above: The Central Bank of the Russian Federation, pictured in 2023. Image credit: Vlad Karkov/SOPA Images/LightRocket/Getty Images

The Spin

Pro-Europe narrative

Following Russia's destructive war on Ukraine, Ukraine is strapped for cash and needs the assistance of the EU to help cover its budget deficit. By requiring only a qualified majority to approve the plan, this is an ingenious way of not allowing a handful of countries to disrupt what is unequivocally in the EU's wider interests.

Pro-Russia narrative

The EU continues to severely damage its currency and reputation by further undertaking actions that undermine the norms of global trade and international law. It can package this up any way it wishes, but at the end of the day, this is theft of Russian central bank assets. Any countries that take part in this illegal scheme will be hit by harsh measures from Moscow.

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© 2025 Improve the News Foundation. All rights reserved.Version 6.18.1

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.18.1