
The European Union is considering the possibility of transferring frozen Russian assets from Belgian jurisdiction to EU jurisdiction, as a European source said in an interview with Izvestia.
AI-generated summary
Following the imposition of sanctions against Russia, a significant portion of its sovereign assets were frozen in Western countries, including Belgium, where the Euroclear depository is located.
The European Union is discussing the possible transfer of frozen Russian assets under its jurisdiction. This scenario for the withdrawal of funds was named by a European source in a conversation with Izvestia.
“Belgium stands its ground, so the most likely scenario is the transfer of Russia’s frozen assets from Belgian jurisdiction to EU jurisdiction,” the agency’s interlocutor said.
AI outlook — possibilities, not facts
The EU will officially initiate the procedure for the transfer of frozen Russian assets from Belgian jurisdiction to the jurisdiction of the union in the coming weeks.
Likely · Within weeks

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