Economy Commissioner Valdis Dombrovskis has called the case “speculative,” insisting that the bloc is acting within its legal prerogatives
EU Economy Commissioner Valdis Dombrovskis has dismissed a lawsuit filed by the Russian central bank against Euroclear, the Brussels-based depository which holds most of Russia’s frozen sovereign assets, calling it “speculative.”
Kiev’s Western backers froze around $300 billion in Russian central bank assets under Ukraine-related sanctions, most of it held at Euroclear.
Moscow has long condemned the move. The Bank of Russia announced on Friday that it is filing a lawsuit seeking compensation from Euroclear…
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