The Russian assets are back on the table. And with them, the same old problems.
Sweden, the Netherlands, Spain and Poland, backed by the Baltics, are leading a new push to channel the Russian Central Bank’s immobilised assets into additional financial support to Ukraine as the war-weary country faces ballooning costs .
It did not take long for the campaign to collide with a familiar opponent: Belgium.
The country holds the bulk of the €210 billion in Euroclear, a depository based in central Brussels, and fears any move to channel the funds to Ukraine would leave it exposed to unpredictable dangers and ruinous litigation. Euroclear is currently…
Read the full article at EURONEWS.COM
