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Russian Central Bank sues Belgian depository over “repatriation loan” for Ukraine

Russian Central Bank sues Belgian depository over “repatriation loan” for Ukraine

фото: facebook 8aa.court

The Russian Central Bank has filed a lawsuit in a Moscow court regarding the “illegal actions” of the Belgian depository Euroclear, which holds frozen assets.

This was reported by a propaganda news agency.

As noted, the lawsuit concerns Euroclear’s actions, which allegedly “cause damage” and the European Commission’s initiative regarding a “repatriation loan” to Ukraine.

In particular, the Central Bank is demanding 18.2 trillion rubles from the Belgian depository, which is equal to almost 230 billion dollars.

On the morning of December 15, it became known that the bank’s lawsuit had already been filed with the Moscow Arbitration Court.

Recall that Belgium criticized the European Commission’s new proposal to transfer frozen Russian assets to Ukraine, stating that the document is “categorically unacceptable.”

It was previously reported that the European Union is working on an urgent legal mechanism that will allow frozen Russian money to be safely used to lend to Ukraine, avoiding risks for Belgium.

As is known,the European Union is preparing an alternative financing scenario for Ukraine in case the leaders fail to agree on using frozen Russian assets to create a reparations loan.

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