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Euronews
Euronews
Jorge Liboreiro

Russian Central Bank sues EU for immobilising €210 billion in assets

The Russian Central Bank has filed a lawsuit against the European Union for the indefinite immobilisation of its sovereign assets, which the bloc approved last year in a bid to strengthen its leverage in ongoing talks to end the war in Ukraine and prevent Moscow from tapping into the funds for its own profit.

The assets are worth about €210 billion across the bloc. The majority, €185 billion, is held at Euroclear, a Brussels-based depository already sued by Moscow.

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