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Russia seeks $230bn from Euroclear over seized assets

Hindustan Times Chandigarh

|

December 16, 2025

Russia's central bank has filed a lawsuit in ‘Moscow seeking $230 billion in damages from Euroclear, marking the first step in what the Kremlin has warned will be a legal nightmare for the EU over plans to use frozen Russian assets to support Ukraine.

The European Union wants to tap part of the roughly €210 billion worth of Russian central bank assets frozen in Europe after ‘Moscow invaded Ukraine in 2022 to back a loan for Kyiv's military and civilian needs in 2026 and 2027, Reuters reported.

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