Belgium in Brief: Making eyes at Euroclear:
It may be unseasonably warm, but the news has a distinctly chilly air today: the debate on unlocking Russia’s frozen ...
brusselstimes.com/belgium/1990875/belgium-in-brief-making-eyes-at-euroclear-tbtb
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Key FactsEU Delays Release of Frozen Russian Funds for Ukraine
Oct 23, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: bbc.com
Summary created with AI assistance · Source: bbc.com
- EU leaders committed to covering Ukraine’s financial needs over the next two years but withheld immediate access to €140 billion in frozen Russian assets.
- Belgium raised legal concerns about potential lawsuits involving Euroclear, where the Russian funds are held, requesting strong guarantees before approving the plan.
- A final resolution on the use of these frozen assets is expected at a December summit after further deliberations.
- The EU also imposed new sanctions targeting Russian energy imports and Chinese firms involved in purchasing Russian oil to weaken Russia’s war funding.
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