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The Latest Breaking News from Euroclear

Moscow court orders Euroclear to pay compensation to Russia's central bank over seized assets

A Moscow court has ruled in favor of Russia’s Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Moscow’s frozen assets in Europe, Russian media has reported

The Independent UK

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

The Russian Central Bank has challenged the indefinite immobilisation of its sovereign assets, which the European Union has agreed to release only when the war in Ukraine ends and reparations are paid.

Euronews

Impose sanctions on refineries that buy Russian crude oil to end war, says Bill Browder

Putin critic says plants in China, India and Turkey are funnelling up to $1bn a day to Kremlin

The Guardian - UK

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Moscow considers central bank’s huge $232B lawsuit against Euroclear over seized assets

Russia's Central Bank has condemned the use of frozen assets to aid Ukraine

The Independent UK

Exclusive: How the deal to get Ukraine a €90 billion EU loan was sealed

It was branded as a make-or-break summit for Ukraine and the EU, and it was. But the night didn't go according to plan. Based on conversations with diplomats involved in the deal, Euronews brings you a behind-the-scenes look at how the EU agreed an unprecedented loan to keep Ukraine going.

Euronews

How the EU's reparations loan for Ukraine fell apart at the eleventh hour

On Thursday night, EU leaders realised that their planned reparations loan for Ukraine – a proposal without parallel in modern history – could not overcome the obstacles in its way.

Euronews

What to know about the EU's new $106 billion loan to Ukraine

European Union leaders have agreed to provide Ukraine with a massive interest-free loan to meet its military and economic needs for the next two years

The Independent UK

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EU’s Ukraine loan may have been Plan B, but don’t underestimate its significance to the bloc

This €90bn agreement won out over a plan to use frozen Russian assets, but has been hailed a ‘huge deal for the EU’

The Guardian - UK

Ukraine deal: EU leaders agree €90bn loan, but without use of frozen Russian assets

Two-year deal will cover most of Ukraine’s needs, but will be secured against EU borrowing rather than Russian assets

The Guardian - UK

Crucial Proposal Inside Ukraine Peace Plan Now 'Dead', Top Putin Ally Declares

The Prime Minister of Hungary, Viktor Orbán, has called proposals to use seized Russian assets to assist Ukraine "a dead end."

International Business Times

‘Money today or blood tomorrow’: EU leaders race to secure deal for Ukraine

Summit divided on idea of loan secured against Russian assets, as Belgium seeks guarantees if scheme goes wrong

The Guardian - UK

Russia has few legal options to challenge EU frozen asset plan

A core question for European Union leaders discussing whether to use frozen Russian assets to help Ukraine is whether the idea is legally sound

The Independent UK

Von der Leyen calls for unity on funding Ukraine as EU leaders meet in Brussels

As European Union leaders converge on Brussels, the debate over how to pay for Ukraine’s defence is coming to a head. The proposals to use frozen Russian assets are exposing legal risks, political fault lines and testing the limits of European solidarity.

Radio France Internationale

EU leaders urged to use frozen Russian assets to fund Ukraine’s defence

Pressure is growing on member states to back a €90bn loan for Kyiv ahead of a Brussels summit

The Guardian - UK

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The Guardian - UK

Belgian politicians and finance bosses targeted by Russian intelligence over seized assets

Exclusive: Key figures at frozen assets depository among targets of intimidation campaign, say European intelligence agencies

The Guardian - UK

What is the row about the EU using frozen Russian assets to support Ukraine?

Complex plan would involve EU lending €90bn to Ukraine, which some fear could destabilise Eurozone. Putin says move is akin to ‘theft’

The Guardian - UK

UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund

Keir Starmer says oligarch must commit funds from sale of Chelsea football club or face court action

The Independent UK

EU leaders prepare to take unprecedented steps to help Ukraine at a high-stakes summit

European Union leaders are about to attempt something unprecedented

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Euronews

Do Europeans support using frozen Russian money to back Ukraine?

Despite funding challenges, most of the six European countries still support aiding Ukraine as Russia's invasion continues, with only Italy showing consistently sharp division.

The Conversation

How Europe could use billions in frozen Russian assets to fund Ukraine’s war effort – and why it’s so risky

Most people outside of banking won’t have heard of Euroclear. It’s a Brussels-based settlement provider that enables the transfer of ownership of securities between seller and buyer. The firm is the focal point of a major geopolitical confrontation between Russia and the European Union.

The Guardian - UK

Russia seeks $230bn in damages from Euroclear over seized assets

Kremlin aims to fire warning shot against EU’s plan to use €90bn of frozen funds to give loan to Ukraine

Euronews

Reparations loan under 'pressure from different sides', Kallas says as more countries voice doubts

The reparations loan for Ukraine is in doubt after Italy, Bulgaria, Malta and the Czech Republic joined the Belgian opposition and called for "alternative solutions". EU leaders will gather on Thursday to decide how to meet Kyiv's financial and military needs for the next two years.

Euronews

Watch the video: Russian frozen assets — the EU is finally playing hardball

Brussels just locked down €210 billion of Russian Central Bank cash. What's next?

Euronews

By locking in Russian assets for good, the EU is finally playing hardball

In an audacious move, the EU has decided to indefinitely immobilise the Russian sovereign assets, pushing back against external pressure to release the funds before Moscow agrees to pay war reparations to Ukraine.

The Guardian - AU

Ukraine war briefing: Reports Ukraine would join EU in 2027 met with scepticism

Officials in Brussels dismiss ‘nonsense’ idea Ukraine could join EU by 1 January 2027 in latest US-led peace plan. What we know on day 1,389

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