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  • EU Freezes Russian Assets to Support Ukraine Amid Legal Dispute

    Daily Pulse December 13, 2025

    EU Freezes Russian Assets to Support Ukraine Amid Legal Dispute

    The European Union has reached an agreement to permanently freeze Russian assets to support Ukraine, following a legal challenge from Moscow against Euroclear, the firm managing these funds. On the heels of this decision, 25 out of 27 EU member states officially voted to prohibit the return of frozen assets to Russia indefinitely, with Hungary and Slovakia opposing. The Russian Central Bank has filed a lawsuit against Euroclear, citing 'illegal and loss-making actions' related to the management of the assets frozen due to Russia's invasion of Ukraine. The exact amount of the claims remains unclear, as the Central Bank has not specified the damages, which include the value of the frozen assets and lost profits.

    Source: https://www.tagesschau.de/ausland/europa/russland-vermoegen-eu-100.html