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Russia's response to the EU seizing frozen assets may lead to bankruptcy of the European securities depository, risking EU's financial stability. Central Bank of Russia might sue to confiscate Euroclear's assets. EU considers using frozen Russian funds for defense amid growing threats.
⚡️ The Guardian: EU to propose funneling billions in profits generated by Russian assets to Ukraine. https://t.co/uv9fmJHwQ0
The European Commission is preparing to put forward a proposal to confiscate 15 to 20 billion euros of profits from Russia's sovereign assets frozen in Europe for Ukraine.
EU is in talks to ensure defense sector gets critical materials https://t.co/4Gy1RXKeR0 via @europressos https://t.co/LGPUCJP8bF




