The European Union developed a legal workaround to bypass Hungary’s potential veto on extending economic sanctions against ...

The European Union cannot confiscate Russia’s frozen assets due to the lack of a legal framework, stated French President ...

Reuters reports, citing sources familiar with the decision, that the European Union intends to confiscate around €3 billion ...

The Euroclear depository will seize and redistribute about EUR 3 billion of frozen Russian assets. The money will be used to ...

BRUSSELS (Reuters) -Euroclear plans to seize and redistribute about 3 billion euros ($3.4 billion) of Russia's funds that are ...

Belgian depository Euroclear plans to withdraw about € 3 billion of frozen Russian assets as compensation to Western ...

“I advocate great caution when it comes to those frozen assets,” Belgian Prime Minister Bart De Wever said at a March 6 EU summit ... decided to leave Russia or scale back there, according ...

Western governments should make legal commitments to pool the risk of keeping Russian central bank assets frozen if European Union sanctions are no longer in place, Belgian Foreign Minister Maxime ...

WARSAW – With no guarantee that EU sanctions will be renewed this ... to help forge an international coalition to keep Russian assets frozen. Belgium-based clearing house Euroclear holds the ...

Some 40 world leaders announced their support Friday for the creation of a new international court to prosecute those most ...

Nearly half of the European Union's €2.1 billion tranche, received from the profits of frozen Russian ... reiterated that the EU would soon receive the second transfer of funds from the proceeds of ...

So far the EU, where most of the assets are held in Brussels-based clearing house Euroclear, has used the frozen Russian assets to generate proceeds to finance Ukraine’s budget as part of a US$ ...