MOSCOW: A court in Moscow ruled in favor of the Russian Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Russian assets frozen by the European Union, Russian media reported Friday. The lawsuit sought to recover 18.2 trillion rubles ($249.7 billion) in damages incurred when Russia was barred from managing and disposing of its Euroclear funds and securities, according to reports.

A Moscow court has ruled in favor of Russia’s Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Moscow’s frozen assets in…

MOSCOW: A court in Moscow ruled in favor of the Russian Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Russian assets…

Der belgische Konzern Euroclear hält im Auftrag der EU Milliarden an russischem Zentralbankgeld fest. Ein Gericht in Moskau hat ihn nun zu Schadenersatz verurteilt.