EU freezes Russian assets
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Russia’s Central Bank sues Belgian financial institution as EU mulls using Moscow’s frozen assets
Russia’s Central Bank says it has filed a lawsuit against Belgian financial institution Euroclear. That's the Brussels-based clearing house that holds most of Moscow’s frozen assets in Europe.
Hungarian Prime Minister Viktor Orban on Saturday described the EU’s plan to seize frozen Russian assets as a "declaration of war." Orban criticized European leaders, singling out German Chancellor Friedrich Merz, European People’s Party leader Manfred Weber, and European Commission President Ursula von der Leyen, Magyar Nemzet reported.
The European Commission has proposed an unprecedented use of about 210 billion euros of frozen Russian sovereign assets to finance Ukraine. Russia, which does not hold significant sovereign assets of any EU nation except for diplomatic real estate,
Hungary, the EU’s most pro-Russian state, opposes any further aid to Kyiv and has routinely threatened to veto the sanctions rollover. EU officials fear Orbán would follow through on the threat if Donald Trump’s administration decided to unilaterally drop US sanctions on Russia.
Belgium blocks EU plan to seize Russian assets for Ukraine aid, citing serious fears of Putin retaliation and potential war escalation against Europe.
MOSCOW, Dec 10 (Reuters) - Russian prosecutors have asked a Moscow court to seize the assets of U.S. private equity fund NCH Capital in Russia, saying the fund's owners financed Ukraine's military forces,
Britain's King Charles III is making good progress in his personal fight against cancer and will undergo precautionary treatments in 2026.