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Google faces $129-million French asset freeze after Russian ruling, official documents show
Business World Philippines
|December 15, 2025
The administrator of Google’s defunct Russian business has obtained a temporary freeze on some €110 million ($129 million) of the Alphabet-owned company’s assets in France, official orders seen by Reuters show.
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The move represents a rare attempt by Russian authorities to use legal channels to target assets of western companies overseas, amid rising tensions over the potential use of seized Russian assets in Europe.
Russia's central bank is separately suing Brussels-based financial institution Euroclear, which holds many of the frozen Russian assets, in a Moscow court.
Dit verhaal komt uit de December 15, 2025-editie van Business World Philippines.
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