A Russian court on Friday ordered Belgian financial group Euroclear to pay around $250 billion in damages over the freezing of billions of dollars worth of Russian assets in the European Union since the start of the full-scale invasion of Ukraine.

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.

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

A Russian court on Friday ordered Belgian financial group Euroclear to pay around $250 billion in damages over the freezing of billions of dollars worth of Russian assets in the…

The decision is based on the fact that the Russian Central Bank's claim against Euroclear Bank is not recognized under EU law, and Euroclear "does not recognize the court’s…

The decision is based on the fact that the Russian regulator’s claim against Euroclear Bank is not recognized under EU legislation, and "Euroclear does not recognize the court’s…