Euroclear

Euroclear rejects Moscow court's $250 billion ruling in favor of Russia's Central Bank

Euroclear has rejected a ruling by a Moscow arbitration court that sided with the Russian Central Bank in a lawsuit against the Belgian depository for roughly $250 billion, saying in a statement on May 18 that it does not recognize the court's jurisdiction and will appeal the decision.

19 May, 04:34 PM

Frozen Russian billions may soon finance Ukraine’s weapons and wartime budget needs

European Union leaders plan to ask EU institutions to urgently adopt the tools needed to create a reparations loan backed by proceeds from frozen Russian assets, Reuters reported on Dec. 18, citing a draft document.

18 December 2025, 06:07 PM

Russian intel intimidates Belgium to stave off EU’s reparations loan — report

Russian military intelligence is targeting Belgian politicians and financial executives over EUR185 billion ($217 billion) in frozen Russian assets held at Euroclear, UK newspaper The Guardian reported Dec. 17, citing European security sources.

17 December 2025, 10:23 PM

Belgium blocks Ukraine loan, says no payout without stronger legal protections

Belgium still does not agree with the guarantees proposed by the European Commission for using frozen Russian assets to support Ukraine, Politico reported on Dec. 16, citing unnamed diplomats and officials.

17 December 2025, 02:37 PM

Trump pressures EU to kill Ukraine’s $210B Russian asset loan plan

Officials in President Donald Trump’s administration are pressuring European governments to abandon a reparations loan for Ukraine, Politico reported on Dec. 17.

17 December 2025, 12:43 PM

EU freezes Russian central bank assets indefinitely

The European Union has agreed to keep Russian sovereign assets immobilized indefinitely, removing the threat of Hungary vetoing the extension of the freeze, Reuters reported on Dec. 12.

12 December 2025, 09:03 PM

Orbán calls EU vote on frozen Russian assets illegal, files formal protest

Hungarian Prime Minister Viktor Orbán condemned the European Union’s decision to indefinitely extend the freeze on Russian assets by qualified majority vote as illegal and harmful to the bloc, and said Budapest formally protested the move in a Facebook post on Dec. 12.

12 December 2025, 05:24 PM

EU tightens grip on frozen Russian assets, bypassing Hungary

The European Council will give the European Commission extraordinary powers to keep $247 billion in Russian state assets frozen until Moscow pays postwar reparations to Ukraine, Politico reported on Dec. 11.

12 December 2025, 01:07 AM

Merz postpones Oslo trip for Russian frozen assets talks in Brussels

German Chancellor Friedrich Merz has canceled his planned trip to Oslo on Dec. 5, replacing it with a visit to Brussels for talks with Belgian Prime Minister Bart De Wever and European Commission President Ursula von der Leyen, Bloomberg reports.

4 December 2025, 06:15 PM

Russia will not lose in Ukraine, Belgian PM says

Russia will not lose its war against Ukraine, nor would that be “desirable” for European security, Belgian Prime Minister Bart De Wever said on Dec. 2.

4 December 2025, 02:44 AM

EU aims to secure reparations loan for Ukraine despite Belgium’s resistance

The European Commission has proposed a legal solution aimed at easing Belgium’s concerns over using €140 billion ($151 billion) in frozen Russian assets held in Brussels to back a loan for Ukraine, Politico wrote on Dec. 2.

3 December 2025, 10:36 AM

Fearing Putin’s retaliation, Euroclear threatens to sue EU over frozen Russian assets

Valérie Urbain, chief executive of Brussels-based financial depository Euroclear, said she is prepared to take the European Commission to court if it moves to forcibly seize €180 billion in Russian central bank assets held by the institution and transfer them to Ukraine. She made the remarks in an interview with French outlet Le Monde.

17 November 2025, 10:43 AM

Washington now supports using Russian assets for Ukraine aid—report

The United States has shifted it stance and now supports the EU proposal to tap Russian sovereign assets frozen in Belgium’s Euroclear clearing house to fund aid to Ukraine, Reuters reported on Nov. 7, citing an unnamed U.S. official.

7 November 2025, 10:44 PM

Russia behind recent drone incidents in Belgium, authorities believe

Belgium’s security services believe a foreign state, most likely Russia, is behind a series of recent drone incidents that disrupted air traffic and military operations in the country, Belgian news agency Belga reported on Nov. 5, citing unnamed officials.

6 November 2025, 02:37 AM

EU delays decision on seizing Russian assets until December

The European Union has delayed until December 2025 a decision on whether to seize EUR140 billion ($162 billion) in frozen Russian sovereign assets held by Belgium’s Euroclear clearing house, Bloomberg reported on Oct. 23.

24 October 2025, 02:08 AM

Ukraine to use foreign aid on long-range missile production, Zelenskyy says

Once the EU approves a $140 billion loan program for Kyiv funded by frozen Russian assets, those resources will be spent on producing long-range Ukrainian weapons, President Volodymyr Zelenskyy said on Oct. 23.

24 October 2025, 12:37 AM

EU to fund Ukraine through 2027 using frozen Russian assets—Zelenskyy

The European Union has confirmed its willingness to financially support Ukraine through 2026-2027, Ukrainian President Volodymyr Zelenskyy told reporters in Brussels on Oct. 23.

23 October 2025, 09:49 PM

U.S. shies away from EU’s quasi-reparations Ukraine loan plan

U.S. officials told their European counterparts they will not join the EU proposal to use frozen Russian bank assets as collateral for a “reparations loan” to Ukraine, Bloomberg reported on Oct. 20.

21 October 2025, 02:06 AM

U.S. prods G7 to seize Russian assets

The Unites States will ask other G7 members to develop a legal mechanism for seizing roughly $300 billion in frozen Russian assets and redirecting the proceeds to Ukraine’s defense, Bloomberg reported on Sept. 12.

12 September 2025, 11:49 PM

Belgian PM opposes confiscating Russian assets

Belgian Prime Minister Bart De Wever said on Aug. 26 he would rather keep frozen Russian assets in the Euroclear clearinghouse in Brussels than see them confiscated.

26 August 2025, 09:46 PM

Euroclear

1
2